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A comment on Coinbase stock lost over 75% value. Parent comment

Re:Coinbase stock lost over 75% value by nradov on Tuesday May 10, 2022 @02:11AM (#31324002)
That's just totally disconnected from reality. The majority of Silicon Valley homeowners don't receive any equity compensation. You should walk around and talk to regular people sometime.

(The numbers may be different if you look solely at recent buyers in a certain limited set of neighborhoods.)

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Re:Coinbase stock lost over 75% value by closeparen on Tuesday May 10, 2022 @03:27AM (#31324484)
Those are the "already mega-wealthy." Their mortgage bills are low because they have enormous home equity.
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Re:Coinbase stock lost over 75% value by nr2x on Tuesday May 10, 2022 @11:25AM (#31328257)
And property taxes pegged to the value of the home in 1985!
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