[ExI] kruger dunning again

Adrian Tymes atymes at gmail.com
Mon May 11 20:49:45 UTC 2020


On Mon, May 11, 2020 at 12:43 PM spike jones via extropy-chat <
extropy-chat at lists.extropy.org> wrote:

> California nominated a guy who demonized them.  He never had anything good
> to say about millionehs and billionehs.  Perhaps the locals failed to
> realize everyone who owns any of these tightly-packed homes likely has a
> net worth over a million dollars.
>

How many of those homes do you think don't have mortgages, and of those how
many do you think are primary residences (as opposed to investment property
that is either kept vacant or rented, officially "secondary
residences"/bolt holes owned by certain foreigners in case they need to
flee their home country, et cetera)?

In other words, how many of those do you think actually represent at least
a million dollars in free and clear value for the people living in them?
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