Non-financial assets held by households

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Publisher: OECD Publishing

ISSN: 1608-0297

Source: SourceOECD Statistics Sources & Methods, Vol.2010, Iss.3, 2011-02, pp. : 59-60

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Abstract

Non-financial assets held by households reflect the assets owned by unincorporated household enterprises and dwellings owned by households, with the latter component forming by far the bulk of nonfinancial assets held by households. They form an important part of overall wealth and can provide an important additional source of revenue; either through their sale or refinancing, or as income via rentals of residential property for example. Estimates of non-financial assets held by households also play an important role in economic analyses, such as studies of asset bubbles, and analyses of living standards.