I hear this &quot;inherit housing riches&quot; a lot and I&#x27;m glad to see you aren&#x27;t fooled by it. Housing isn&#x27;t wealth. The value of land represents the ability to make use of it.<p>If the support ratio slips (ratio of working to non-working) then if we are to maintain the living standards of the non-working we either have to have a big productivity leap or lower living standards for those in work.<p>Reverse mortgages aren&#x27;t going to cut it. And as you say, what then when the millenials have to hand over the keys to their parents&#x27; house?<p>Land isn&#x27;t a thing of value in and of itself if we can&#x27;t work it.<p>The only use ramping land value has is as an inflationary tax by private banks on workers.<p>My $0.02 on this is we give the boomers+ a massive haircut right now. Just pull the rug right out from under them, their politicians and their banks.