Re:The Rise of the Rich Renter
by rentcontrol on Saturday October 07, 2017 @05:46PM
(#15425873)
Unless all of your money was in Google stock options, in the example mentioned earlier, one could buy a house and have Google stock options, so...
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Re:The Rise of the Rich Renter
by nostrademons on Saturday October 07, 2017 @05:57PM
(#15425910)
And then you are doubly exposed to Google's fortunes as a company (or in my case, quadruply-exposed: my salary and most of my professional network at the time were dependent on Google). The price of Mountain View real estate is pretty heavily correlated with Google's stock price.
It's not irrational to want to have some diversification, particularly when things work out fairly well anyway.