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I agree that "the wealth production has tended to go to the wealthy". However, in addition to rachel true stock market returns being stagnant, interest rates have been very low, and dividends low. I don't know how they're making their money. Average Joes are making it from home price inflation. Everyone is in denial rachel true about something. [ ...reply just to this | comment on the story... | next new ] 25. Re: It's just a correction. by MAYORBOB at Wed 31 Aug 10:38amscore of 2.5 interesting in reply to comment rachel true 23 I would contend that "average Joes" will never get rich off of their home price inflation. That's because, while their home might double in value over time, until the home owner is selling the house, that part of his net worth is not terribly liquid. He or she might take out a home equity loan to get some of that money out of the house, but then they're stuck paying that money back over time, plus the interest.
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