Gerontopoly: Homeownership, wealth, and age
&gt; Is the “dream” of homeownership really just a massive, intergenerational wealth transfer?<p>Yes &amp; it has been this way since the inception of government backed loans.<p>I&#x27;ve recently been digging into the history of housing discrimination in the US and how it relates to the racial wealth gap between blacks and whites. In my opinion there is a clear line from redlining, blockbusting, white flight &amp; loan discrimination to the massive wealth gap among races we see today. It&#x27;s quite clear to me that one of the best ways to build generational wealth is by the older generation passing off homes to the younger ones.