[Barrin92]

Okay but what's the argument in relationship to my post? As the article notes China's property market is larger despite a stock market cap of 10tn, similar in Japan real estate value is about 5x larger than Japan's stock market cap.

That was the point, in the US stock market capitalization is unusually high compared both to other sectors and the economy at large.

[skybrian]

It's plausible to me that the US stock market plays a larger role than in other countries. But you said it's the "primary thing everyone dumps their wealth into," which is a stronger, more surprising claim, and I wanted to see if it was true. Houses still seem to be people's biggest assets?