Are Stocks Overtaking Real Estate in Household Portfolios?
Current Issues in Economics and Finance 5(5), April 1999, pages 1-6.
Sewin Chan, Henry Schneider & Joseph Tracy
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.