Milena Velba Streaming

Bank of Italy: Italians and wealth. Almost half the 10% of households

45% of the total wealth in the hands of 10% of households, while more than half poor has 10% of the total

45% of the total wealth of Italian households is in the hands of 10% of households, while the poorest half of households owns 10% of the total wealth. These are some of the data contained in the report on "The Wealth of Italian households' developed by the Bank of Italy, which refers to the end of 2008. Via Nazionale in the bulletin points out that the families of our country are among the richest in the world. "Italy - Bank of Italy writes - belongs to the world's richest, ranking in the top ten among the 200 countries considered, in terms of net wealth per capita. 60% of Italian households have a net worth greater than 90% of families around the world, almost all Italian families have a net worth greater than 60% of households on the planet. " As the latest data available, those in the first half of 2010, Palazzo Koch explains that the net wealth of households would decline by 0.3 percent in nominal terms. According to the study, citing preliminary estimates, the decline was due to "a decrease in financial assets and an increase in liabilities, which more than offset the growth of real assets."

DEBTS - In international comparison, the Italian families are very indebted and at the end of 2008 the amount of debt was equal to 78% of gross disposable income: in Germany and in France it amounted to about 100% in the United States and Japan to 130%. Bank of Italy also states that 41% of Italian households' debt is represented by loans for house purchase. The brick continues to be the primary instrument for investment and wealth in Italy, so that at the end of 2009, housing wealth held by Italian households amounted to around 4,800 billion euro, or about 200 000 € on average per household. According to the Bank of Italy in housing wealth has grown at current prices from late 2008 through the end of 2009 some 0.3% (13 billion euro), a value well below the annual average for the period 1995-2008 (around 6.3 % due to the slowdown in prices on the real estate market. In real terms, the change in wealth in homes than in 2008 totaled about 0.4% while, for the first half of 2010 is estimated to increase the value of wealth in homes less than 1%.

SOURCE: corriere.it