[gulfie]

The notion of two tiered economy is overly simplified. It allows people to believe that they might be on or close to the upper side of the divide. Wealth and money (richness) distributions seem to follow power laws.

He moved to SF in 2011 and maybe has a few million dollars from a founding few startups. That sure seems like a lot to people below him. That is peanuts to the people above him who run the city.

The simplistic two tier breakdown is a hindrance to understanding unless it is understood as the divisive control structure it is.