Barbara, honey. No.
Superstar investor and real-estate guru Barbara Corcoran is normally stuffed with useful ideas and recommendation. Her Twitter usually options anecdotes about constructing confidence, being observant, and nurturing humility.
But Corcoran’s tweet on April 4 had some followers double-taking her account at what one Twitter consumer known as “the opposite of true Barb.” Her unique tweet learn, “When you’re poor, taking chances [is] easier because you have nothing to lose and nowhere to go but up.”
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Talk a couple of unhealthy take. Someone might want to outline the time period “paycheck-to-paycheck” for this one. A number of customers identified that the dangers are a lot increased for folk residing close to or below the poverty line. One consumer known as it a “bad look,” and requested “Rich people risk what? A lot of money that they can afford to lose?”
Others pointed to Corcoran’s personal background, believing that she ought to know higher. Corcoran has recalled counting on the charity of others for meals at instances throughout her childhood.
Perhaps this sizzling take was meant to be inspirational, but it surely comes off as remarkably tone-deaf. If breaking out of cycles of poverty was simple, practically 38 million Americans would not be struggling to make ends meet.
Corcoran usually makes use of social media to teach the parents at residence about the true property market. But typically, profitable, rich individuals may wish to steer away from Tweeting about poverty. More usually than not, their views come throughout as dismissive and overly-simplistic.
Source: www.thestreet.com”