I read an article in the Wednesday, February 11, 2026, edition of the San Francisco Chronicle that made me think. The article was titled, "Will You Be Part Of The Great Wealth Transfer?" Just in case a paywall might prevent you from reading that article, here is a link to another one, with a similar title: "The Great Wealth Transfer Is Coming: Here’s How Much Younger Americans Expect To Inherit From Their Parents."
If that Chronicle link does work, you'll be given a chance to respond to an online questionnaire, outlining your thoughts about the topic. In fact, if you are open for it, there is the possibility that a Chronicle reporter might call you for a follow-up.
If you have lived in a community like Santa Cruz, California, and if you bought a home in that community in, say, 1971, and have lived there ever since (which is my personal situation), you have probably come into that "great wealth" that the headlines mention. I did the math, and find that the home that my wife and I purchased in 1971 is now worth sixty-four times what we paid for it. We do not think of ourselves as possessing "great wealth," but when your modest single-family home, built in the 1940's, is now worth above a million dollars (based on current market comparisons), questions do arise.
The questions that arise in my mind have to do with economic and income inequality and the future of our local community, the state, and the nation. What has happened is not good, in my estimation, and those "younger Americans" who will probably receive what at least used to be "great wealth," are not, necessarily, to be envied. Even after the "Great Wealth Transfer," as the headlines name it, will the children who inherit this "great wealth" actually be able to move into those now incredibly pricey family homes, in places like Santa Cruz?
Likely not, I believe, and our nation is going to have to confront the huge inequalities that now massively distort our society, and that aren't going to disappear "automatically." We (that future "we") are going to have to do something about what is a much more a huge "problem" than a wonderful and beneficial "wealth transfer."
We can do that, I am convinced, but only if "we" remember that the word "we" is a plural.
We're in it together, and we are going to have to come together to get out of what I'd name as the "Great Wealth Dilemma."






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