I guess ‘democratize’ means something different to you than me. Most Americans d... | Hacker News

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		grafmax 7 months ago \| parent \| context \| favorite \| on: The patterns of elites who conceal their assets of... I guess ‘democratize’ means something different to you than me. Most Americans don’t have any substantial savings whatsoever.

unmole 7 months ago [–]

> Most Americans don’t have any substantial savings whatsoever.

The median household net worth is ~200k.

xboxnolifes 7 months ago | [–]

How much of that is their house?

disgruntledphd2 7 months ago | | [–]

Generally around 90% or so.

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