09
Jan
The net wealth of euro area households fell by about 10 percent between 2010 and 2014, mainly due to lower house prices, according to the results of the second wave of the Eurosystem’s Household Finance Consumption Survey (HFCS). Overall, real estate prices fell during the financial and economic crisis. The survey also shows that inequality in the euro area had increased slightly since the first wave of the HFCS, which was conducted in 2010.
The second wave of the HFCS...