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You don't get these folks - they don't want just any housing. They want central big house, very close to FAANG work, school, but around a lot of nature too, for
by jajko 2y ago
You don't get these folks - they don't want just any housing. They want central big house, very close to FAANG work, school, but around a lot of nature too, for peanuts of course because 'hey in 50s one man could finance whole family' or similar extreme case taken out of proportions.
That literally everybody else wants it and thus its priced accordingly since we have market economies (in communism it worked similarly too but it was more about apparatchiks) and such properties are very scarce is irrelevant. They just want that appreciating investment.
There is no point discussing this here, it had been done ad nausea and even otherwise rational people turn to very emotional reasoning when it comes to them and their perceived rights for their own wealth. Something about expecting the world to adjust to my expectations or desires instead of the other way.