That is a major assumption there is generational wealth. ESPECIALLY with trans/gay people being family-less in many situations. The down payment could easily be collected via estate tax to where everyone had the option of it but the wealthy paid more in. It can also completely ignore a lack of generational wealth like parents so wealthy they only rent multi million dollar apartments in Manhattan.
That is a major assumption there is generational wealth. ESPECIALLY with trans/gay people being family-less in many situations. The down payment could easily be collected via estate tax to where everyone had the option of it but the wealthy paid more in. It can also completely ignore a lack of generational wealth like parents so wealthy they only rent multi million dollar apartments in Manhattan.