The amount of wealth created in the housing market this decade is staggering.
Home equity for all American homeowners has nearly doubled from $19.5 trillion at the end of 2019 to almost $36 trillion today. The $16 trillion gain in the past 6 years is more than the total amount of home equity heading into 2017.
The combination of a housing and stock market boom means U.S. households have never been richer than they are to…