4 ms·
Sure, it's rational, but it's also conservative. A rational but liberal approach would be "I need to protect my home value by ensuring the largest risks to con
by encoderer 10y ago
Sure, it's rational, but it's also conservative.
A rational but liberal approach would be "I need to protect my home value by ensuring the largest risks to continued success of SFBA economy are handled responsibly."
Both are rational (if selfish), but there is definitely a prevailing economic conservatism. I've felt it myself since levering up a few years ago (at what was then the top).
- 2009mobile 10y agoAnother similar rational but liberal approach would be "I want my non-homeowning friends and co-workers to continue to be able to afford the Bay Area, rather than get priced out over time." As a young SF homeowner, that's more important to my quality of life than the price of my home going up.