The question this brings to my mind is: why is this a story at all? This is nothing more than the moderately unhinged opinion of a guy whose company owns a lot of real estate. Why is it in the newspaper? The answer is that there’s an entire genre of media coverage best described as “rich guy has an opinion.” It’s surprisingly common, and once you notice it you’ll see it everywhere: entire news stories dedicated to the otherwise unremarkable opinion of a rich person, or news stories that fold the opinions of rich people into their otherwise neutral coverage. It’s taken for granted in many newsrooms that a person’s wealth imbues their opinions with newsworthiness.
On "Rich Guy Quote Journalism" - see also: Nobel Disease.
Discussion