i do not understand how housing prices can remain this high
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Date: July 7th, 2025 5:47 AM Author: bipolar space
While the exact percentage of land owned by the top 1% of wealthy individuals in the U.S. is difficult to pinpoint precisely, estimates suggest they own a significant portion, potentially between 20-30% of all privately held land. This contrasts with the remaining population, where land ownership is more dispersed. The top 10% of wealthy individuals collectively own roughly 44.8% of the nation's real estate value, with the top 50% owning 88.5%.
The ladder is being pulled up.
(http://www.autoadmit.com/thread.php?thread_id=5746474&forum_id=2#49078183) |
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