Current Issues in Economics and Finance
Are Stocks Overtaking Real Estate in Household Portfolios?
April 1999 Volume 5, Number 5
JEL classification: D91, E21, G11

Authors: Joseph Tracy, Henry Schneider, and Sewin Chan

The rapid growth of the stock market since 1990 has encouraged the view that corporate equity holdings are becoming the primary asset for a broad spectrum of American households. A closer look at the evidence, however, reveals that real estate continues to eclipse stocks as a share of most households' portfolios.

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