claim: "the collective net worth of americans has taken a $5.5 trillion hit ... mainly due to plummeting home values."
author: nina turner
evidence_1: the collective net worth of americans has taken a $5.5 trillion hit, according to the  federal reserve; mainly due to plummeting home values. unemployment ...
evidence_2: "the collective net worth of americans has taken a $5.5 trillion hit ... mainly due to  plummeting home values." — politifact ohio on tuesday, november 1st, 2011.
evidence_3: according to leading economic figures, the financial crisis of 2007–2010 has  been .... during the housing bubble, the growth of home prices outpaced income  growth. .... debt linked to cds was around $40 trillion and the total outstanding  value of ..... the average american lost approximately 25% of their collective net  worth.
evidence_4: "the collective net worth of americans has taken a $5.5 trillion hit ... mainly due to  plummeting home values." — politifact ohio on tuesday, november 1st, 2011.
evidence_5: jan 12, 2017 ... administration, reflects an economy that has come a long way since 2008, with ...  american taxpayer relief act of 2013. ... reconciliations of net operating cost  and unified budget deficit . ... inventories and related property, net . ..... also  reports about $5.5 trillion of intragovernmental debt outstanding, ...