The Distribution of Wealth Since the Great Recession

The distribution of wealth among U.S. households became increasingly unequal from 2007 through 2016 as a decline in homeownership and home values impacted the wealth of middle-class families. That is according to a new research report, The Distribution of Wealth Since the Great Recession, released by the Mortgage Bankers Association's (MBA) Research Institute for Housing America (RIHA). Dr. John C. Weicher, author of the report, used data from the Federal Reserve Board’s triennial Survey of Consumer Finances (SCF) to study the distribution of household wealth, its main components, and how the evolution of household wealth through the Great Recession – and its aftermath and subsequent recovery – affected poor, rich, and middle-wealth households.