Who will gain the most in this rising real estate market?

An editorial in the July 9th Tampa Tribune warns that the upward trends in the housing market are being driven by the affluent 1% and investors. There is concern the market is being manipulated for quick profits, a familiar problem a decade ago. Rising home prices ta may take investors out of the market. Home equity has always been an important part of building a nest egg for seniors, and providing capital for trading up with younger home owners.