Also, one household out of 20 has a net worth of $1 million dollars. a lot of that is in house’s value, but there is nothing wrong with that.”
Agree with you that a lot of we oldster’s accumulated wealth is in the value of our homes but that can only be used if we choose to sell. I have considered selling mine on more than one occasion but what then? Any other place that I consider safe to live is not affordable so there is no reason to. It’s just such an upside down world.
The government is looking at paid off houses as revenue source. The ACA is designed to access it.