• @dom@lemmy.ca
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    10 months ago

    Yeah, this is one of the ways the wealth gap keeps growing.

    If your parents are not home owners, they are not building equity. If they aren’t building equity they are less likely to be able to support their children financially in a way that allows their children to buy a home.

    • @phx@lemmy.ca
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      710 months ago

      What’s kinda scary is that the numbers even for people whose parents own MULTIPLE properties are still only 30%'ish.

      • @SamuelRJankis@lemmy.world
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        1510 months ago

        The scariest thing is the people who own zero properties that vote in interest of people who own multiple properties.

        • @phx@lemmy.ca
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          010 months ago

          Well yeah, because if we raised taxes on multiple priorities, then by the time I’m able to afford multiple properties with one of my great plans to get rich, I’d have to pay more taxes. I wouldn’t want my hard earned money going to supporting the lazy bastards like Bob over there - one of those people, probably