"Screwed" was T.R.’s verdict, "because thirty years ago, before Harvey, he bought a nice home here in this nice new development, and it all seemed like a great idea." He took the swarm higher, effectively zooming out to remind them of just how many houses and neighborhoods were going through the same transition. "He did not understand—none of these people did—that this is stochastic land on the edge of a stochastic reservoir. They didn’t understand it because those are statistical concepts. People can’t think statistically. People are hardwired to think in terms of narratives. This guy’s narrative was: the little missus and I want to settle down and raise a family, here’s a house we like in a neighborhood full of folks like us, they can’t all be wrong, let’s take out a thirty-year mortgage on this thing. And now he’s probably taking out a reverse mortgage or a HELOC to pay the house-jackers so he can have a prayer of being able to sell the thing. Multiply his story times all the houses you can see from here and you get an idea of what kind of money we’re talking. Now, we gotta recharge."