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Comment by underlipton

Not all that bizarre, if you've ever been around for these conversations. HNers are, by and large, affluent, white (or "white-aspiring"), grew up in middle-class or immigrant families. They want things to stay the way they were when they were growing up/when they came here, and have little experience with political battles where they disagreed with the status quo but couldn't influence a shift (because network/money). This is par for the course for that kind of entitlement.

Also, the elephant in the room is that a repeat of 2008 (roping in commercial real estate, while we're at it) is not completely out of the question. Anyone with a significant portion of their wealth in real estate at the moment is going to be restless, waiting for the other shoe to drop. That means circling the wagons.

parent underlipton 2 years ago

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