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[narrator] For the American middle class

For the American middle class, home equity accountsfor around two-thirds of wealth. So if...

Explained • S01E01 • 2018

[narrator] For the American middle class, home equity accounts
for around two-thirds of wealth. So if you're a white American, you're likely to have parents
or grandparents with a story like this. [woman] My parents bought a house probably now 50 years ago,
paid $14,000 for it then, and it is worth now
probably about $600,000 to $700,000

Full Transcript

00:00:01.000 --> 00:00:02.071

[narrator] For the American middle class,

00:00:02.793 --> 00:00:05.671

home equity accounts for around two-thirds of wealth.

00:00:06.038 --> 00:00:08.997

So if you're a white American,

00:00:08.009 --> 00:00:11.093

you're likely to have parents or grandparents with a story like this.

00:00:11.844 --> 00:00:14.472

[woman] My parents bought a house

00:00:14.555 --> 00:00:18.434

probably now 50 years ago, paid $14,000 for it then,

00:00:18.518 --> 00:00:23.147

and it is worth now probably about $600,000 to $700,000.

Duration

23 seconds

Views

47

Timestamp in Movie

00:05:33

Uploaded

Jun 27, 2025

Season

1

Episode

1

Genres

Production

Amicus Productions

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Movie Summary

A documentary series that looks to explore the big questions of today.