Tag: wealth
![Street life in Main Street in Flushing](https://crr.bc.edu/wp-content/uploads/2024/06/iStock-981493894-cropped.jpg.webp)
How well off are Asians in this country? It depends on how you look at it. The wealth of a typical U.S. household of Asian descent is $536,000 – or nearly two times the wealth of a typical White household – according to the Federal Reserve’s 2022 Survey of Consumer Finances, the first in its…
![A foreclosure sign](https://crr.bc.edu/wp-content/uploads/2024/02/shutterstock_97306490.png.webp)
Homeowners nearing retirement have 40 percent of their wealth tied up in their homes. But to what extent do racial disparities in employment affect workers’ ability to hold on to a home and build up that wealth? This question is at the heart of an ambitious study of U.S. homeowners that digs into whether stab…