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When you look around at how expensive homes are in certain areas and continue to lose the auction because everyone else had a cash bid, realize a lot of people are getting a lot of money from their aging and dying boomer parents. Where I live nearly everyone had a lot of help from mom & dad.


Money flowing out from the real estate sales on the coasts are also a big contributor.

Californians have been flooding Idaho, Nevada, Utah etc. They buy their homes and 2 new cars then have money left over to invest in the markets.


Indeed. I don’t think people outside the coasts realize how much more the large set of top earners make.




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