Last week, the National Association of Realtors released a report showing the windfall gains to the already rich in the form of increased housing wealth. Between 2010 and 2020, according to the report, the total value of owner-occupied housing increased from $15.9 trillion to $24.1 trillion. Of that gain, 71 percent went to high-income households.
Source: The Great Housing Inflation as a Long-Term Policy Failure | Portside
1848+: The End(s) of History 