It does not matter. If a person with 40K/year salary inherits a 800K house there is no way he can pay for the taxes. No bank will even give him a loan. The house is basically going to the highest bidder. This means you will most likely get a poor price on the house, and even worse when times are bad (like now) when no ones buying.

This means your 800K asset maybe gives you 650K, and from that sum you still pay the inheritance tax + sales tax (thats usually in the 20% range).

You will likely get somewhere in the 450-500K for an asset that was worth 800K.

This is how to poor will remain poor.