Look at housing in the US. Every home owner gate keeps and many rent seek. It is expected that value does not go down and actually increases faster than infla

Look at housing in the US. Every home owner gate keeps and many rent seek. It is expected that value does not go down and actually increases faster than inflation. That is rational per person but net detrimental and a significant part of increasing inequity as poor and young cannot keep pace generally. Wealth begets wealth. Its also arguable if home owners are the upper class. Maybe there will be another correction but the govt will likely step in to prevent it.