If you are trying to buy some place to live, it doesn't just matter how much money you have, it also matters if there are lots of people many times wealthier than you bidding for the same realestate.

More money doesn't create more things to buy or more people making things, its just means more money competing for the same things to buy. Other people having more does diminish your share, of the cake. Yes, we can make the cake larger, but the best way to do that is for more people to get more opportunity to fulfil their potential, by getting a reasonable share to do so.