Renters Are Wealthier than Home 'Owners'

Seeking Alpha reports on a new a study done by the Center For Economic and Policy Research(CEPR):

The CEPR also found that people who were renting homes in 2004 will have more wealth in 2009 than those who were owners. That's true for all five wealth groups the study analyzed, from the poorest to the wealthiest.

No word from the National Association of Realtors on this one.