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A comment on A Brief History of California’s Housing Crisis. Parent comment

Re:A Brief History of California’s Housing Crisis by jdminhbg on Saturday February 22, 2020 @10:27PM (#22394905)
> "Rich people" want their property values to be stable or increase. They want their communities to be somewhat static. If I paid $1MM+ for a property in a dense CA metro

If you buy a $1MM home you are rich, no scare quotes required! I think this explains a lot of the dynamic: rich people do not believe they are rich.

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