There has always been a divide in this country between those with money and those without it. Yet this divide has seemingly expanded in recent years.
In the year 2010, there were 404 billionaires in the United States. By 2024, that number had nearly doubled to 756.
This expansion of income inequality has reached every level of society, and as inflation drives up prices, many people are struggling to afford housing.
On this episode of Untangled, we examine generational wealth and income inequality, and how it can hurt people seeking to buy a house.
Guests:
- Leah Evans, President and CEO, Homeport
- Chuck Collins, Director of the Program on Inequality and the Common Good at the Institute for Policy Studies
- Gene Slater, national housing expert
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