
Are Americans Getting Poorer?
Money Guy Show
00:00
First Time Home Buyers Are Getting on the Ownership Side of the Equation
First time our starter home communities, these are your homes that your first time buyers are buying. They account for about 21 % of the housing market place. That still leaves the other eight sont like a relatively small portion of all. And what i don't like is the narrative. You hear so much division between those who have and those who don't in this wealth co. I think this is actually what creates wealth gap. It's not necessarily the tax policy. The fact that you can allow people who have assets they are continuing to appreciate and take advantage. This inflationary pressure is causing their assets to appreciate. Meanwhile, artificially low interest rates is hurting the savings rates that people who are
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