True but not fully convincing. For example, someone who owns a house on the coast is likely worse off and less flexible than someone who merely rents and apartm

True but not fully convincing. For example, someone who owns a house on the coast is likely worse off and less flexible than someone who merely rents and apartment. Both can in fact move. It‘s perhaps not a problem with elites in this case. It‘s simply that the effect is abstract and far away and it‘s hard to predict what will happen _and_ how we will cope.