I think we are looking at things like this backwards. It is not that people who have managed to own in most cases a fairly unremarkable house are rich. They c

I think we are looking at things like this backwards. It is not that people who have managed to own in most cases a fairly unremarkable house are rich. They can't easily do anything with that "wealth". They may have a fairly meager lifestyle. These are not things most people associate with the word "rich". It seems to me instead that we have collectively become extremely poor. So poor that people who have managed to obtain what was fairly normal a generation ago are now called rich. We should open our eyes to our poverty and wonder where all the economic expansion and productivity gains over the last decades have gone.