an In The Media Appearance
Americans have gained over $6 million in home equity during the pandemic; many have used this equity to send their children to college, to start businesses, and to invest further in housing, which builds even more wealth. Emily Wiemers said, “There’s a rosy picture and a not-so-rosy picture. The flip side is pretty troubling. There’s this set of kids whose parents don’t own a home and so didn’t see this increase in wealth, and also whose parents may have seen declines in income.”
Read the full article, The Extraordinary Wealth Created by the Pandemic Housing Market.
Read Emily Wiemers’ research on how families pay for education.