I spent a decade selling homes to the ultra-wealthy. What I saw explains the housing market’s nepo problem

AI Briefing

• – The ultra-wealthy often come from families with existing social and economic advantages.
• – These families' children are frequently given a leg up in the real estate market through inheritance, connections, and access to exclusive opportunities.
• – This can create a self-perpetuating cycle of privilege, contributing to the 'nepo problem' in the housing market.