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  • lapcat an hour ago

    1989:Q3

    Top 0.1%: 8.6%

    99-99.9%: 14.2%

    90-99%: 38.0%

    50-90%: 35.7%

    Bottom: 50% 3.5%

    2026:Q1

    Top 0.1%: 14.4%

    99-99.9%: 17.2%

    90-99%: 36.3%

    50-90%: 29.6%

    Bottom: 50% 2.5%

    It's not a massive change, but inequality continues to grow. To me, the most interesting thing is that even the 90-99% group declined in relative wealth; only the top 1% grew.

    By the way, my understanding is that the majority of the wealth of the majority of people consists of the value of the house in which they live.