"...as households' perceived probability of attaining homeownership falls, they systematically shift their behavior: they consume more relative to their wealth, reduce work effort, and take on riskier investments."

This new paper seems very pertinent
papers.ssrn.com/sol3/papers....

Those lines at the end absolutely cracked me up. Was that the Baby Steps Bois just freewheeling what came to mind?

Good names for those birds, and nice of them to sit on their placard

Very insightful writeup, thanks for posting this!

Tired: only using 10% of my brain.

Wired: using 100% of my genome.

These also could all be perfect Ship names from the Culture series