I hate the constant conflation of rich and wealthy. People who earn a lot of money vs people who own a lot of money. A lot of criticism about inequality, by politicians and economists alike, is about rising wealth inequality, but they only advocate and undertake policies to hurt the higher income class. Why is there no wealth tax, but the govt is funded primarily by income and payroll tax. Why is the federal reserve always worried about falling asset prices. And again here, rising house prices benefited the wealthy, and hurt the high income class, but you didn't differentiate between them either.