3min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

#AIS: Divvy Homes CEO Adena Hefets breaks down the state of the US housing market

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

Wealth in Equity Is Rising in the United States

The rich are getting richer, while the poor kind of stay at the same level of income. While there are some salary differentials, the main driver is accet appreciation acces to assets. If you owned equity in your home, you'd see an increase in your value of over a hundred %. You want to see something even crazier, you get leverage on your home equity,. Some of you might get get a leverage against your equity, but you mess in the stock market. And so much of what we'e oing to be talking about here is why that american dream has disappeared for so many Americans.

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