Or a huge warning sign of the wealth disparity between the rich and lower-income group - it's a reality that lower middle-income group today cannot afford to buy homes; they are lucky if they can inherit one.

That's not what the data says. https://www.pewresearch.org/social-trends/2020/01/09/trends-...

Income and wealth inequality is increasing, not decreasing. Meaning people's quality of life is decreasing.