The combined value of U.S. homes climbed to $49.7 trillion in 2024. Two upstate New York metros—Albany and Rochester—had the fastest growth in aggregate home value, while Florida metros grew more slowly. San Diego and Seattle look set to join eight other metros with homes worth $1 trillion in 2025.| Redfin Real Estate News
The average net worth for an American household is now $1 million.| thehustle.co
How the upper, middle and lower class has changed over time.| A Wealth of Common Sense
SPOILER ALERT FOR THE THIRD SEASON OF THE GILDED AGE In Season 3 of the drama series “The Gilded Age,” one of the servants (Jack, a footman) earns a sum of $300,000 by selling a patent …| Economist Writing Every Day
The decline in workers’ share of the total pie is far more extreme than standard measures suggest.| wealtheconomics.substack.com
Welcome to part three of my exploration of the current and potential future impacts of presidential orders and actions on museums’ income streams and business models. If you’re joining midstream, y…| American Alliance of Museums
White wealth is diversified among real estate, equities, and other assets, whereas non-white wealth is mostly in pensions and real estate.| USAFacts
This is happening because some people are too rich.| www.hamiltonnolan.com
Last week I wrote about how the collective net worth of Americans is at a new all-time high. A reader asked a fair follow-up question: I’d be interested in seeing the concentration of that net worth though…I’m guessing it’s an inverted direction. Just because many households are richer than ever doesn’t mean all of them...| A Wealth of Common Sense
The United States exhibits has more inequality and disparities of wealth between rich and poor than any other major developed nation.| Inequality.org
Through 2045, baby boomers will deliver the great wealth transfer via inheritances; however, distribution of this wealth will be greater for some than others.| Money Digest
The Federal Reserve Board of Governors in Washington DC.| www.federalreserve.gov
The Federal Reserve Board of Governors in Washington DC.| www.federalreserve.gov
The US is the most prosperous nation on Earth. But it feels unnecessarily unbalanced. ⚖️| Moontowermeta