Of course. The real scandal is how bean counting has failed millions of Californians. Are that many people really eking out an existence so marginal, it has no impact on prices for homes, equities, goods and services? Or is there something wrong with what we’re measuring?

It is dense, multi family housing and having to work at jobs that expose you to other people. It isn’t directly race or age.

Well, yeah, those are the factors for which race and age (and wealth) serve a pretty direct proxy in the U.S.

It is flawed lens. For instance there are poor Asian subgroups and there are poor in otherwise rich groups.