Yea that’s what I mean. Those who were wealthy had the means to leverage the situation and at worst maintain. Everyone else sank lower.

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It doesn’t make that claim. It’s just that if you were wealthy between 2020 and now you can more easily navigate the price hikes by refinancing during the housing boom, sellings off assets, and shifting investments around.

But people in lower incomes don’t even have assets/savings to fall back on so they just lose harder when the prices hike.