The problem is, a good portion of that wealth is just illusory, and it was that way long before Biden took office. If you keep expanding the money supply, or you keep interest rates near zero for a couple decades, then it looks like everyone’s home prices just keep going up. But the value of the homes is not actually going up. And eventually there will be a correction and either the value of the currency must drop or the price of the homes must drop, until the value and the price tag are back in line again. It’s inevitable. Market manipulation is not a valid strategy for creating wealth.