I was the one who first mentioned entertainment dollar types do retire here, and I clearly stated that I didn’t think it meant they’d keep the market afloat.
I am just saying even an ordinary pitcher who sits in a bullpen for 12 years probably amassed some serious cash along the way. Wells knocked down nearly 60M in salary over the years, and while he might be done, he should be set for life.
I am not even suggesting that these folks will keep RSF, Del Mar or Olivenhain from falling, but that there are certain types of people who find this a desirable place to retire. I kind of doubt Boomer is looking for a “cultural” experience, or he’d have kept his family in NYC. Been there done that for him, and that guy loved NY (probably not for the Guggenhaim), but clearly seems to prefer raising his kids here. (at least in interviews) I for one don’t blame him.