Many people think about class in terms of income

Many financial experts measure it by net worth instead, 

as a person’s assets and debts often have a greater impact on their long-term financial security and financial freedom than income alone. 

MarketWatch 19 August 2025

https://www.marketwatch.com/story/america-has-5-wealth-classes-see-where-you-fit-in-and-how-much-it-takes-to-reach-the-upper-echelons-25151801


US Home Prices Hit Record High $435,300
Americans Have $35 Trillion in Housing Wealth


Whether or not consumers continue to spend comes down to home ownership, according to Whitney,

who said homeowners increasingly began to tap into their home equity a little over a year ago, reversing a 17-year cycle of declining equity-home loans.





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