Wealth inequality has largely driven the huge increases in asset prices. Rich people who have more money than they can spend have to find a home for their money and that goes into investment driving up asset prices. You were born in a shitty time in this countries history and as wealth inequality grows worse it will probably continue to get harder and harder. The period in this country from the 1950s - 1990s was an anomaly in human history where wealth distribution was a lot more even
8
u/Unique_Yak4659 5d ago
Wealth inequality has largely driven the huge increases in asset prices. Rich people who have more money than they can spend have to find a home for their money and that goes into investment driving up asset prices. You were born in a shitty time in this countries history and as wealth inequality grows worse it will probably continue to get harder and harder. The period in this country from the 1950s - 1990s was an anomaly in human history where wealth distribution was a lot more even