Table 3 Change in households’ asset holdings between 2006 and 2010
Asset category | Change in the % of HHs holding the asset | Conditional on positive holding | |
|---|---|---|---|
Mean difference | Median difference | ||
Native Households | Â | Â | Â |
Financial Assets | −1.2% | −34,034 | 2,341 |
Stocks | −2.3% | −48,815 | 4,309 |
Bank Accounts | −2.5% | 5,922 | 1,187 |
CDs | −5.3% | 7,372 | 2,967 |
Bonds | 0.3% | −92,792 | −2,659 |
Other Financial Wealth | 1.2% | −30,970 | −951 |
Home Equity (Primary Home) | −0.5% | −54,715 | −20,045 |
Home Equity (Secondary home) | 0.5% | −64,062 | −10,285 |
Home Equity (Other real estate) | −2.8% | −151,599 | −8,130 |
Non-Mortgage Debt | 2.4% | 1,210 | 593 |
Business Assets | −0.6% | −156,420 | −36,260 |
Vehicle Assets | −2.4% | −2,605 | −1,220 |
IRAs & Keoghs | −0.3% | −44,663 | 3,496 |
Net Worth | −0.1% | −178,913 | −33,634 |
Mixed Households | Â | Â | Â |
Financial Assets | −7.1% | −21,649 | 18,435 |
Stocks | −0.1% | −22,939 | −8,130 |
Bank Accounts | −9.1% | −21,449 | −313 |
CDs | −5.8% | −13,124 | −2,033 |
Bonds | 1.1% | 74,421 | −4,065 |
Other Financial Wealth | 3.1% | −12,095 | 5,398 |
Home Equity (Primary Home) | −2.4% | −125,542 | −46,260 |
Home Equity (Secondary home) | 1.8% | −77,851 | −47,663 |
Home Equity (Other real estate) | −0.8% | 34,617 | −170,325 |
Non-Mortgage Debt | −1.1% | −6,608 | −238 |
Business Assets | −2.4% | −360,425 | 37,805 |
Vehicle Assets | −5.1% | −325 | −976 |
IRAs & Keoghs | 3.6% | −58,457 | −4,963 |
Net Worth | −1.2% | −229,650 | −111,512 |
Immigrant Households | Â | Â | Â |
Financial Assets | −11.6% | 35,674 | 12,571 |
Stocks | −1.4% | −187,285 | −82,195 |
Bank Accounts | −18.2% | 17,642 | 593 |
CDs | −2.9% | 17,376 | 11,858 |
Bonds | −0.7% | 180,460 | 49,858 |
Other Financial Wealth | 0.4% | 101,472 | 3,508 |
Home Equity (Primary Home) | 1.1% | −54,592 | −66,260 |
Home Equity (Secondary home) | −0.4% | −36,166 | −101,260 |
Home Equity (Other real estate) | −4.9% | −44,005 | 15,305 |
Non-Mortgage Debt | −5.2% | 4,007 | 2,756 |
Business Assets | −1.7% | 1,190,533 | 148,618 |
Vehicle Assets | −15.0% | 2,077 | −1,650 |
IRAs & Keoghs | 2.4% | 96,006 | 27,378 |
Net Worth | −3.8% | 11,924 | −87,364 |