Menu

Leave a Message

Thank you for your message. We will be in touch with you shortly.

The Haves and The Have More's

The world is seeing massive wealth disparity as those with a strong education and the investors/owners of assets (including those who own their homes) are seeing their wealth increase, while those who don't own assets (including most renters) are seeing their wealth stagnate and/or decline. New wealth-creating industries are helping fuel this. The growing disparity between corporate profits and stagnating wages fuels this too. Homeowners in the US are significantly wealthier than renters, with a median net worth roughly 40 to 43 times higher. As of 2025, the typical homeowner has a net worth of approximately $430,000, while the average renter’s net worth is just $10,000.

 

The media spews imagery and headlines 24/7 featuring Bentleys, Botox, Bulgari, Bora Bora vacations, you name it. Often this is celebrated when messaged by an "influencer" or celebrity. Of course, when a (non-celebrity) "evil billionaire" does so, it's termed excess, bad, strange times indeed. It seems the 3,500 or so billionaires in the world generate more headlines and interest than all other demographics combined, all 8 billion of those people! We have entered an era of pronounced class warfare. Brace yourself, I've seen the ugly side of this, and it could get uglier. Politicians smell opportunity and this theme resonates.

 

Now, a new class warfare of sorts is emerging and chances are it will produce little to no sympathy from anyone, even though it is very real. There is a group of wealthy Americans whose wealth pales in comparison to those who are extremely wealthy. They have all been lumped together as one, but their lifestyle, purchasing, and political powers, etc., are vastly different:  The haves and the have more's. Throw in LUXE-flation and even so-called "wealthy" people cannot afford what they used to be able to. Yes, at almost every wealth level, there is someone who is wealthier. 

 

As a species, we are mostly painfully selfish and tend to only focus on our predicament. "Unfairness" exists everywhere. There are millions who are prettier, younger, richer, smarter, more talented, taller, fitter, and more successful than I will ever be. That is reality. However, for a growing number of people, "arriving" financially speaking at least, can feel painful when you realize you are far, far, far from really having "arrived". And now that divide is growing too. A $5 million home in a big city is not quite the same as a $50 million home. They are different universes. Yet the world seems to lump them together as one.

Work With Us

Ken interprets market data, staying in constant communication and offering valuable insight that then translates into an informed decision.

Contact Us