[etep]

I find this article to be self-contradictory. The premise is that you should diversify outside of your geographic economic ecosystem, but the claims continue that the whole economy is connected (i.e. when there is a rush for the exit). Agreed that diversification is good, but two quibbles: please draw some distinction to address this contradiction, and two, there is no mention of the difference between owning a home that you personally gain use of, and buying a property as an investment (i.e. one that provides income).

[abcampbell]

The premise is that you should consider your broad life portfolio, and with sufficient reflection, most people would probably want to diversify their life. Have written about this before:

http://www.snow.ventures/blog/2015/12/10/diverisify-your-lif...

And yes, everything is connected, but connected to different degrees. That's just an input in how you think about your risk.

We cannot entirely escape system risk (insofar as we are all part of one big system) but that doesn't mean we can't diversify away from out exposure to individual systems (bay area tech for example).