In the 70s the top 1% couldn’t even conceive of the power they’d have in their pockets one day. Today both billionaires and the rest of the world can have access to that same power. We’re all carrying the same phones in our pockets after all.
Easy trade right.
The technology you take for granted is huge. Warren Buffet said he would rather give up flying on a private jet, than give up his smartphone.
Your phone does not mean that you don't have to work three jobs to have a roof over your head and can't have a family. Having a phone does not make you rich.
This does not mean it’s still difficult to get housing. It’s just a point that one aspect of our lives is unfathomably better than before and now we take it for granted.