- Even with high rents, consumers will build more wealth by investing and not owning a home, a study shows..Robert Frank is an award-winning journalist, best-selling author and a leading authority on the American wealthy. He joined CNBC in May 2012 as a reporter .The most striking numbers on income inequality will come last, showing the In terms of financial wealth total net worth minus the value of one 's home , the top .
This is no longer a theory. It is a fact and it is being implemented today. The latest statistics show that rainforest land converted to cattle operations yields the land owner $60 per acre and if timber is harvested, the land is worth $400 per acre..Wealth in the United States is commonly measured in terms of net worth, which is the sum of allets, including the market value of real estate, like a home, minus all liabilities. The United States is the wealthiest country in the world..
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