Right or wrong, our economic system invariably creates haves and have-nots.
It’s a feature not a bug.
This feature has always been more prevalent in the stock market than the housing market:
The bottom 90% owns just 12.8% of the stock market1 but 56% of the housing market. The top 1% owns 50% of the stock market and less than 14% of the housing market.
The largest financial asset for the majority of middle-class ho…