Interesting that you begin your comment with Piketty and end with housing value. A Brookings study on Piketty's work indicates that most of the re-concentration

Interesting that you begin your comment with Piketty and end with housing value. A Brookings study on Piketty's work indicates that most of the re-concentration of wealth that Piketty finds is actually driven by increases in housing prices: https://www.brookings.edu/articles/deciphering-the-fall-and-rise-in-the-net-capital-share/ https://www.brookings.edu/articles/deciphering-the-fall-and-.... By contrast, non-housing capital income is on a secular decline since WWII.