[robbiewxyz]

This is, in a significant part, the flip side of the housing crisis coin. Some of these mums and dads saved up but many, many more of them grew their wealth alongside their home values.

Zoning policy, building regulations, and interest rates are a massive gate guarding generational wealth, for better or worse. Having personally suffered a lot for my parents poverty and homelessness, I have my biases, but then again don't we all.

[ericyd]

I recently read a piece of local news on housing policies (Austin, TX) and the journalist made the observation that affordable housing is inevitably tied to reducing property values, which is a major source of wealth for older generations. It made me realize why some folks would be against zoning changes and other pro-housing policies, because it might actually impact their personal wealth. I don't know why I never correlated the two before.