Inflation and housing cost are the most pressing economic concern for Americans in 2024, according to Gallup’s annual poll. Since December 2019, the monthly home payment more than doubled. The cost to purchase a home rose 51%. Rents rose 31%. Inflation and barriers to housing production interacted to rocket the country’s largest asset class. The result is a substantial wealth divide between those that purchased before the bonanza and those still on the sidelines.