Why Only the Rich Will Own Property 50 Years From Now
Update: 2025-09-03
Description
50 years from now, only a small group of people will own property, and the rest of the world will be renting from them.
We know this because when home prices went up between 2010 and 2020, this is how that extra wealth was distributed:
71% went to high-income households
26% went to middle-income
4% went to low-income
When we say wealth is moving upwards, this is what we mean.
We know this because when home prices went up between 2010 and 2020, this is how that extra wealth was distributed:
71% went to high-income households
26% went to middle-income
4% went to low-income
When we say wealth is moving upwards, this is what we mean.
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