It’s sold as wealth building in the same way they sell the idea of investing. “You too can become petty capitalists.” But I think you’re absolutely right. And like in the case of my parents, they were priced out of their house from rising taxes before having the ability to transfer that wealth to their kids
Yeah but home ownership is sold as wealth building to the home owners isn’t it? I can’t spend money while I’m dead
It’s sold as wealth building in the same way they sell the idea of investing. “You too can become petty capitalists.” But I think you’re absolutely right. And like in the case of my parents, they were priced out of their house from rising taxes before having the ability to transfer that wealth to their kids