Yes, I must sound like a douche, but I know that I am smart and smart enough to know that its not worth my time doing stupid meaningless and mindless tasks at a minimum wage to crawl up some societal ladder that I don't believe in and which frankly only exists in the minds of people who are not educated.

Its all a matter of perception I suppose.  

They know they live in a misunderstood neighborhood and the minute perception more closely aligns with reality, county assessments and their property taxes will go way, way up.If you're going to invest in low-C and D-class neighborhoods, you've got to walk the streets at different times of the day and keep notes.

https://www.biggerpockets.com/blogs/9232/55313-intro-to-section-8---your-perceptions-vs-my-realities

And contrary to popular perception, California has a massive amount of stupid people - uneducated college educated, clueless, Pollyannas that think they are special and the entire world should listen them them and their enlightened views.

Escalating aggregate DTI isn’t the cause, it’s an indicator of overall societal irresponsibility.  

I am not sure if it is a generational thing, societal selfishness, fear or what.

Perception is reality.

I'm the first to give back to those less fortunate and donate my time to healthy, societal issues. 

Condos have had generally more trouble selling because of people's general perceptions of HOA fees.