AUniqueGeek

I'm glad that you are doing better now. Thank you for sharing your story and experiences.

2% of the 4.6% of the millineal wealth. A bit different than 2% of the total.

You might be right about the politicians and those in power pushing for those changes but which generation is the one that predominantly voted them in? That's why a lot of people blame the boomers. Plus, go look at the average age of a lot of our leading politicians.

Yea that's what I mean. Those who were wealthy had the means to leverage the situation and at worst maintain. Everyone else sank lower.

It doesn't make that claim. It's just that if you were wealthy between 2020 and now you can more easily navigate the price hikes by refinancing during the housing boom, sellings off assets, and shifting investments around.

But people in lower incomes don't even have assets/savings to fall back on so they just lose harder when the prices hike.

From article VI (3rd paragraph)

"The Senators and Representatives before mentioned, and the members of the several state legislatures, and all executige and judicial officers, both of the united states and of the several states, shall be bound by oath of affirmation, to support this Constitution; but no religious test shall ever be required as a qualification to any office or public trust under the United States."