The American dream is being replaced by an oligarchy.
The New York Times reports that billionaires are buying up properties that they can then resell for a profit.
The rich are using their wealth to buy up real estate that they don’t need, while the rest of us are stuck with the debt.
The result is an ever-shrinking pool of property in the United States, with the rich owning only a tiny fraction of it.
But that’s not the whole story.
A new report shows that the wealthy are buying homes with little or no oversight, and not doing enough to prevent these transactions from becoming predatory.
Read the full article from The Hill here.
The wealth of the top 1% has grown faster than the average household since 2008, according to data from the Federal Reserve Bank of New York.
But according to the report, the top 10% of Americans own nearly 80% of the nation’s wealth, compared to less than 20% of households in the bottom 20% and less than 10% in the top 0.1%.
It is unclear how many wealthy Americans have used their wealth in this way, but the top one percent of households owns nearly 30% of America’s wealth.
That means that the top 5% of earners own nearly 50% of American wealth, according a recent report from the Brookings Institution.
And the top 20% own nearly half of American households wealth.
According to a recent Wall Street Journal article, the wealthiest Americans in the US now hold more wealth than the bottom 90% of U.S. households combined.
In 2016, the average American family made about $30,000 a year.
But with a $1.5 trillion stock market and stock market indexes soaring, the median family income dropped from $51,000 to $50,000.
But the richest 1% of families have doubled their wealth from $15 trillion in 1980 to $31 trillion in 2016, according the report.
The report from The Brookings Institution found that the richest 20% now own roughly 40% of all assets in the country.
But a study from the University of Michigan found that only 9% of wealth held by Americans is held by the top 25% of taxpayers.
The wealthy now control almost 90% of all wealth, with about 80% held by those who make $1 million and under, according the Brookings Institution report.
With the top 3% of individuals holding a staggering 86% of income, the report found that wealth held in the wealthiest 3% is worth about $10 trillion.
This chart shows the share of assets held by billionaires in the U.N. in 2015.
It shows that wealth of billionaires in America was estimated at $4.8 trillion, while that of the bottom 50% was $3.9 trillion.
The report also showed that billionaires now own more than $100 billion in assets.
The bottom half of the Forbes 400 have $3 billion, the middle half has $2.2 billion and the top half has nearly $1 billion in net worth.
A New York City Department of Housing Preservation and Development report found in 2015 that nearly 40% families are still struggling to make ends meet, and that almost one in five children in America do not have a father to look after them.
At least 80% American families are struggling to feed their families.
In the United Kingdom, the poverty rate for families living below the poverty line was 25% in 2016.
A family earning $24,000 would be $24 million in poverty.
In 2016, just over 2.4 million families lived in poverty, according data from The Poverty Map.
The Census Bureau also found that one in three people living in poverty in the nation lived in the city they lived in.
The US has the highest poverty rate in the world, with more than 6 in 10 Americans living in the lowest income bracket.
And yet the richest Americans are not living in the poorest neighborhoods.
According to the Federal Government’s most recent report, median household income is $53,000, and one in eight Americans earn $100,000 or more.
In fact, the bottom third of the population is the wealthiest group of Americans.
As of 2020, the richest one percent owned more than 75% of total wealth.
And that’s in just the top quintile of Americans, where the top two quintiles own almost 90%.
The richest 5% have nearly one-quarter of all wealth in the USA.
The wealthiest 1% is now more than twice as likely as the poorest 5% to own wealth equal to or greater than $10 billion.
When it comes to income, one out of five people living below poverty line earned less than $12,000 in 2016 in the richest quintile.
That means one in four people in the lower 90% earns less than half of what their counterparts earn in the wealthy 80% and the richest 0.01%.
One in four