PS, I’m supporting the point even though I don’t agree? I guess you’re connecting the dots for me? Well, I don’t agree with the dots. Could you at least respond to the inventory side of my post?

I think somebody else tried to make the point that there weren’t enough $110K earners in general, let alone tech related, to be singled out as the driver of this bubble.

Why are we singling out tech workers? Always tough to generalize, but engineers tend to be pretty conservative with their money. We established that even at those income levels, it gets tough to afford properties much over $500,000. Do we think that tech folks want to spend more than they need to and/or overextend themselves?