This description is ill chosen.
This is not hoarding, you can call it collecting or just plain sustainable economy.
When the ultra-rich keep piling million upon million (or, in extreme cases, billion ...) without giving anything away just like Smaug in The Hobbit - that's hoarding.

And it’s great for the environment.

I grew up in Beverly Hills. I lived on Prospect from’68 to ‘95. The people up the hill definitely viewed themselves as special.

The pub must have a cook who thinks they’re a chef.