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You made a claim, but what you offered as justification for that claim doesn't in fact support what you said.
Actually it does, you just don't understand it. Explaining it so that you do understand will take a lot of work on both our parts. I'm not going to bother unless you are sincere.
Let's start with your assertion "The rich keep getting richer because they continue doing those things that make them rich." The rich prior to the 1970s did not get richer at a faster rate than the rest of the population. Why was that, and what changed?
The market is always going to react to fulfill demand.
That's incorrect, the market only reacts to demand with means. No developer is building houses under cost to meet demand for people that can't pay. The reason the cost is too high for so many people in California is regulation and zoning. But politicians don't change the rules because people already there don't want density they want to constrain supply which helps boost their property values (the core problem) and decreases competition for local services
Cheating, hubris, luck, and off the backs of other people’s labor.
They produced NONE of it themselves.
You didn’t fully answer the question. How many rich people do you personally know? How did they SPECIFCALLY build their wealth? Tell us how you think they cheated.
You didn’t fully answer the question. How many rich people do you personally know? How did they SPECIFCALLY build their wealth? Tell us how you think they cheated.
How many rich people do you personally know and how is it relevant to this discussion?
It's better than a night in Vegas because they can gamble risk free with our retirement money and we pay fees no matter how badly they lose
Specifically, how are people gambling with YOUR retirement money?
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