Who cares. For some there’s little to low mortgage. And for the others they are locked into a historical 30 year between 3-4%….during that 30 years they have the opportunity of arbitraging their money elsewhere while not worrying significantly about higher living costs especially with inflation..it probably would cost them close to the same monthly to rent, if not more. I don’t envy people trying to find a rental close to Sorrento Valley, especially if some of them now need to return back to work in a hybrid model. There’s close no inventory for purchase or rent. And even rentals are ending up in a bidding war. Too bad I can’t convince myself to be a dick landlord or I’d be jacking up rent every year.[/quote]
Outside of your own selfish/greedy interests, don’t you think society would be better off with more affordable housing, less inflation, more affordable education, less reliance on debt, etc.?
SDR is always whining about the current runaway inflation as if it is a bad thing. Well the solution to inflation is to let the bubble pop and market crash/correct.[/quote]
Yes, I do think more affordable housing would be nice. but that’s not my problem to solve, that’s government and builders problem. also, Debt is part of our America culture that will never change, but there is a difference between good debt and bad debt imho.
Also, I don’t think their is anything wrong with tech people getting compensated well for the work they do, especially if it encourages more people in this country to spend the time and energy to be in STEMs. And for those that choose not to, that’s also not my problem to solve….the only thing I can do is to support people young and up and coming in my field so they can have better opportunities than we did….so I spend both time and money l, some of my rental income, to support robotics andscience STEM funds. more money than most single corporate grants from 1 large company, that typically only donated a few hundred or low thousand per fund/team…. If it grows the next generation of highly skilled technical people, that’s good for the next generation of youth who will have better opportunity than us, and good for our country who have more qualified domestic workers..
If other people in different professions are getting left behind that’s someone else’s problem to solve.
