What you just said literally applies to every European(world?) country. There is no single country here where wages have increased faster than real-estate/cost

What you just said literally applies to every European(world?) country. There is no single country here where wages have increased faster than real-estate/cost of living and where the rich aren't getting richer while everyone else is stagnating at best. It's a side effect of globalization and our current version of capitalism supported by (intentional) poorly designed economic policies that enable this wealth gap to grow ever larger.