And they are posting on HN? More likely they are posting on behalf of the oppressed person from their imagination. An economic crisis hits those at the bottom t

And they are posting on HN? More likely they are posting on behalf of the oppressed person from their imagination. An economic crisis hits those at the bottom the worst, even if in absolute numbers the losses at the top may be greater. Rich people did not put all their money in commercial real estate anyway. If anything, they are reducing real estate exposure and are piling into treasuries right now.