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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Elroy Jetson who wrote (24506)10/14/2004 11:32:30 AM
From: KyrosLRead Replies (1) of 306849
 
Average net worth of an American is a lot more than 40K. The median net worth is more than 50K, if memory serves. The average net worth is a lot more than the median and still probably more than the average in Australia -- though I am not sure for how much longer. The reason the average and median differ so much is because wealth in America is much less evenly distributed than other developed countries.
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