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This pretty much nails it. The way I saw it put which feels fitting is, “Everybody who moves into San Francisco wants to be the last person to move into San Fra
by kitsunesoba 4y ago
This pretty much nails it. The way I saw it put which feels fitting is, “Everybody who moves into San Francisco wants to be the last person to move into San Francisco”. Of course this isn’t a practical desire in any city, but that doesn’t stop people from trying to make it happen anyway.
- TuringNYC 4y ago>> “Everybody who moves into San Francisco wants to be the last person to move into San Francisco”. Person moves to SF and puts down life savings as down-payment on 1:4 leveraged home...not a surprise they want to ensure they arent wiped out. A 20% decrease in value wipes out the life savings. The whole system is designed to perpetuate itsself.