Money flowing out from the real estate sales on the coasts are also a big contri... | Hacker News

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		jarsin 6 months ago \| parent \| context \| favorite \| on: Inheriting is becoming nearly as important as work... Money flowing out from the real estate sales on the coasts are also a big contributor. Californians have been flooding Idaho, Nevada, Utah etc. They buy their homes and 2 new cars then have money left over to invest in the markets.

nemo44x 6 months ago [–]

Indeed. I don’t think people outside the coasts realize how much more the large set of top earners make.

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