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What percentage of a home does the average American home-own

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What percentage of a home does the average American home-own

Postby malik on Thu Mar 28, 2013 7:14 pm

What percentage of a home does the average American home-owner own?
That is, if an average American home-owner were to appraise their home today what percent would they own in equity?
More specifically, how much does this percent vary between different home-owner age brackets? And, considering this, what are the odds that the average American home-owner will ever pay off their mortgage?
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