[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f38kf3d1y1jopv":3,"$ffeh0925h8cuz":33,"$fbwk2pqjjqsc7":37},{"item":4,"previous":23,"next":28},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":14,"isInfographic":15,"categories":16,"isVideo":15,"videoThumbnail":9,"videoSource":9,"publishedAt":21,"updatedAt":22},271,"new-study-homeownership-creates-family-wealth","New Study: Homeownership Creates Family Wealth","\r\n\r\nMatthew 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 ...","","blog","https:\u002F\u002F\u002F","\u003Cimg class=\"alignnone size-full wp-image-30407\" src=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2015\u002F04\u002FGetting-the-Keys.jpg\" alt=\"New Study: Homeownership Creates Family Wealth | Simplifying The Market\" width=\"600\" height=\"315\" \u002F>\r\n\r\nMatthew Rognlie, from the Department of Economics at MIT, recently released a paper: \u003Ca href=\"http:\u002F\u002Fwww.brookings.edu\u002F~\u002Fmedia\u002Fprojects\u002Fbpea\u002Fspring-2015\u002F2015a_rognlie.pdf\">Deciphering the Fall and Rise in the Net Capital Share\u003C\u002Fa>. 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.\r\n\r\nAn \u003Ca href=\"http:\u002F\u002Fwww.economist.com\u002Fblogs\u002Ffreeexchange\u002F2015\u002F03\u002Fwealth-inequality?fsrc=scn\u002Ffb\u002Fte\u002Fbl\u002Fed\u002Fnimbysinthetwentyfirstcentury\">article\u003C\u002Fa> on the study in \u003Cem>The Economist \u003C\u002Fem>notes one of the findings of the study:\r\n\u003Cblockquote>\u003Cem> “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.” \u003C\u002Fem>\u003C\u002Fblockquote>\r\nThis came as no surprise to us as the Federal Reserve \u003Ca href=\"http:\u002F\u002Fwww.keepingcurrentmatters.com\u002F2015\u002F02\u002F09\u002Fnet-worth-a-homeowners-is-36x-greater-than-a-renter\u002F\">previously reported\u003C\u002Fa> that the net worth of families that own their own home is \u003Cstrong>\u003Cem>36 times greater\u003C\u002Fem>\u003C\u002Fstrong> than that of families that rent.\r\n\u003Ch3>\u003Cstrong>Bottom Line\u003C\u002Fstrong>\u003C\u002Fh3>\r\n\u003Cem>HousingWire\u003C\u002Fem>’s Senior Financial Reporter, Trey Garrison, summed it up well in his \u003Ca href=\"http:\u002F\u002Fwww.housingwire.com\u002Fblogs\u002F1-rewired\u002Fpost\u002F33356-pikettys-folly-wrong-on-inequality-wronger-on-homeownership\">reporting\u003C\u002Fa> on Rognlie’s study:\r\n\u003Cblockquote>\u003Cem> “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.” \u003C\u002Fem>\u003C\u002Fblockquote>","\r\n\u003Cem>HousingWire\u003C\u002Fem>’s Senior Financial Reporter, Trey Garrison, summed it up well in his \u003Ca href=\"http:\u002F\u002Fwww.housingwire.com\u002Fblogs\u002F1-rewired\u002Fpost\u002F33356-pikettys-folly-wrong-on-inequality-wronger-on-homeownership\">reporting\u003C\u002Fa> on Rognlie’s study:\r\n\u003Cblockquote>\u003Cem> “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.” \u003C\u002Fem>\u003C\u002Fblockquote>","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fwp-content\u002Fuploads\u002F2015\u002F04\u002FGetting-the-Keys.jpg",false,[17],{"id":18,"name":19,"slug":20},5,"For Buyers","buyers","2015-04-06T07:00:51Z","2015-04-01T18:18:25Z",{"id":24,"slug":25,"title":26,"featuredImage":11,"publishedAt":27,"contentType":10,"isVideo":15},270,"the-difference-a-year-can-make-infographic","The Difference A Year Can Make [INFOGRAPHIC]","2015-04-03T10:00:30Z",{"id":29,"slug":30,"title":31,"featuredImage":11,"publishedAt":32,"contentType":10,"isVideo":15},272,"pending-sales-surge-great-sign-for-the-housing-market","Pending Sales Surge: Great Sign for the Housing Market","2015-04-07T10:00:27Z",{"cover":34,"open":35,"shareSpread":36},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Magazine-original.png",[38,42,43,47,51,55,59,63,67,71,75,79,83,87,91,95,99,103,107,111,115,119,123,127,131,135,139,143,147,151],{"id":39,"name":40,"slug":41},1,"Uncategorized","uncategorized",{"id":18,"name":19,"slug":20},{"id":44,"name":45,"slug":46},6,"For Sellers","sellers",{"id":48,"name":49,"slug":50},7,"Foreclosures","foreclosures",{"id":52,"name":53,"slug":54},8,"Infographics","infographics",{"id":56,"name":57,"slug":58},9,"Home Prices","home-prices",{"id":60,"name":61,"slug":62},11,"First-Time Buyers","first-time-buyers",{"id":64,"name":65,"slug":66},34,"Senior Market","senior-market",{"id":68,"name":69,"slug":70},35,"Mortgage Rates","mortgage-rates",{"id":72,"name":73,"slug":74},38,"Move-Up","move-up",{"id":76,"name":77,"slug":78},41,"For Sale by Owner","for-sale-by-owner",{"id":80,"name":81,"slug":82},42,"Featured","featured",{"id":84,"name":85,"slug":86},45,"New Construction","new-construction",{"id":88,"name":89,"slug":90},52,"Luxury \u002F Vacation","luxury--vacation",{"id":92,"name":93,"slug":94},53,"Rent vs. Buy","rent-vs-buy",{"id":96,"name":97,"slug":98},80,"Time-sensitive","time-sensitive",{"id":100,"name":101,"slug":102},81,"Outdated","outdated",{"id":104,"name":105,"slug":106},147,"Internal","internal",{"id":108,"name":109,"slug":110},148,"Do Not Autopost","do-not-autopost",{"id":112,"name":113,"slug":114},320,"Inventory","inventory",{"id":116,"name":117,"slug":118},321,"Agent Value","agent-value",{"id":120,"name":121,"slug":122},322,"Affordability","affordability",{"id":124,"name":125,"slug":126},323,"Buying Tips","buying-tips",{"id":128,"name":129,"slug":130},324,"Downsize","downsize",{"id":132,"name":133,"slug":134},325,"Economy","economy",{"id":136,"name":137,"slug":138},326,"Equity","equity",{"id":140,"name":141,"slug":142},327,"Forecasts","forecasts",{"id":144,"name":145,"slug":146},328,"Selling Tips","selling-tips",{"id":148,"name":149,"slug":150},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":152,"name":153,"slug":154},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]