[:en]New Study: Homeownership Creates Family Wealth[:es]Nuevo estudio: Ser propietario de casa produce patrimonio familiar[:]

[:en]Matthew Rognlie, from the Department of Economics at MIT, recently released a paper: Deciphering the Fall and Rise in the Net Capital Share. One of the major findings of the report is that homeownership is and has been for the last fifty years a major component to family wealth.

An article on the study in The Economist notes one of the findings of the study:

“The return on non-housing wealth, in fact, has been remarkably stable since 1970. Instead, surging house prices are almost entirely responsible for growing returns on capital.”

This came as no surprise to us as the Federal Reserve previously reported that the net worth of families that own their own home is 36 times greater than that of families that rent.

Bottom Line

HousingWire’s Senior Financial Reporter, Trey Garrison, summed it up well in his reporting on Rognlie’s study:

“Homeownership has consistently created generational wealth more reliably, and more ‘democratically’, than any other asset class. And it does so in a manner entirely ancillary to its primary purpose of giving you a place to lay your head and keep your stuff.”

[:es]New Study: Homeownership Creates Family Wealth | Keeping Current Matters

Matthew Rognlie, del Departamento de Economía de MIT, Publicó recientemente un documento: ‘Deciphering the Fall and Rise in the Net Capital Share’ (descifrando la caída y subida del capital social neto). Uno de los hallazgos principales del informe es que ser propietario de casa es y ha sido por los últimos cincuenta años un componente principal para el patrimonio familiar.

Un artículo en el estudio, en The Economist notes , menciona uno de los hallazgos del estudio:

“El regreso de la riqueza no relacionada con la vivienda, de hecho, ha sido extraordinario desde 1970. En cambio, la alza de los precios de las casas son casi enteramente responsables por el crecimiento de los rendimientos del capital”.

Esto no nos sorprende, como previamente informó La Reserva Federal el patrimonio neto de las familias que son propietarias de casa es 36 veces mayor que el de las familias que alquilan.

En conclusión

Trey Garrison, reportero experimentado en finanzas de HousingWire, lo resumió bien en su informe del estudio de Rognlie:

“Ser propietario de casa constantemente ha creado patrimonio intergeneracional de forma más fiable, y más ‘democráticamente’, que cualquier otra clase de activos. Y lo hace de una manera totalmente adicional a su propósito principal de darle a usted un lugar para reposar su cabeza y mantener sus cosas”.

[:]

[:en]New Study: Homeownership Creates Family Wealth[:es]Nuevo estudio: Ser propietario de casa produce patrimonio familiar[:]



[:en]Matthew Rognlie, from the Department of Economics at MIT, recently released a paper: Deciphering the Fall and Rise in the Net Capital Share. One of the major findings of the report is that homeownership is and has been for the last fifty years a major component to family wealth. An article on the study in ...

Continue Reading

[:en]New Study: Homeownership Creates Family Wealth[:es]Nuevo estudio: Ser propietario de casa produce patrimonio familiar[:]



[:en]Matthew Rognlie, from the Department of Economics at MIT, recently released a paper: Deciphering the Fall and Rise in the Net Capital Share. One of the major findings of the report is that homeownership is and has been for the last fifty years a major component to family wealth.

An article on the study in The Economist notes one of the findings of the study:

“The return on non-housing wealth, in fact, has been remarkably stable since 1970. Instead, surging house prices are almost entirely responsible for growing returns on capital.”

This came as no surprise to us as the Federal Reserve previously reported that the net worth of families that own their own home is 36 times greater than that of families that rent.

Bottom Line

HousingWire’s Senior Financial Reporter, Trey Garrison, summed it up well in his reporting on Rognlie’s study:

“Homeownership has consistently created generational wealth more reliably, and more ‘democratically’, than any other asset class. And it does so in a manner entirely ancillary to its primary purpose of giving you a place to lay your head and keep your stuff.”

[:es]New Study: Homeownership Creates Family Wealth | Keeping Current Matters

Matthew Rognlie, del Departamento de Economía de MIT, Publicó recientemente un documento: ‘Deciphering the Fall and Rise in the Net Capital Share’ (descifrando la caída y subida del capital social neto). Uno de los hallazgos principales del informe es que ser propietario de casa es y ha sido por los últimos cincuenta años un componente principal para el patrimonio familiar.

Un artículo en el estudio, en The Economist notes , menciona uno de los hallazgos del estudio:

“El regreso de la riqueza no relacionada con la vivienda, de hecho, ha sido extraordinario desde 1970. En cambio, la alza de los precios de las casas son casi enteramente responsables por el crecimiento de los rendimientos del capital”.

Esto no nos sorprende, como previamente informó La Reserva Federal el patrimonio neto de las familias que son propietarias de casa es 36 veces mayor que el de las familias que alquilan.

En conclusión

Trey Garrison, reportero experimentado en finanzas de HousingWire, lo resumió bien en su informe del estudio de Rognlie:

“Ser propietario de casa constantemente ha creado patrimonio intergeneracional de forma más fiable, y más ‘democráticamente’, que cualquier otra clase de activos. Y lo hace de una manera totalmente adicional a su propósito principal de darle a usted un lugar para reposar su cabeza y mantener sus cosas”.

[:]

[:en]New Study: Homeownership Creates Family Wealth[:es]Nuevo estudio: Ser propietario de casa produce patrimonio familiar[:]



[:en]Matthew Rognlie, from the Department of Economics at MIT, recently released a paper: Deciphering the Fall and Rise in the Net Capital Share. One of the major findings of the report is that homeownership is and has been for the last fifty years a major component to family wealth. An article on the study in ...

Continue Reading
Copy Preview Copy Full Post
Copied! Go to your email or CRM and paste it.
Unable to Copy to Clipboard
Copy & Paste

You can easily email your Blog Posts in your current email platform or CRM by using the copy options here! After selecting Copy, you can then open an email in your email platform or CRM and Paste. You can select Copy Preview to include an intro to your blog post, with a link to Continue Reading on your Personalized Homepage, or Copy Full Post to copy the entire blog post. You can learn more about this feature by click here.

'


The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Keeping Current Matters, Inc. does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Keeping Current Matters, Inc. will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.