@malaki_stevens@RedWavePress Assuming 1980 as your start date until current date - you 180x your return. Bottom of the market in 2008 until today? 11-12x?
1980-2000 run is insane - 54x return. They had it good. The housing crisis was a blip that rebounded quickly.
@FatherVideo@UziCryptoo Agree - seems inflated unless in a major growth city - Seattle, San Fran, etc… could see a 10x growth in others… but on average that house would be about 250-300k.
@MsMelChen@ConceptualJames He’s not “touting” it - he’s explaining the inevitability of it of what’s already happened.
Over-extending our empire is only hastening the “multipolar” world we find ourselves in, but with the balance of power trending towards China.
TDS - this time the T is for Tucker.
@CanadianGL1979@yashar@briantylercohen Possible they didn’t travel via a lightspeed “ship” - would guess they even either warp time, space, or can travel intra-dimensionally… so it’s not above the pale that they could come here and be quiet about it. But yes we wouldn’t stand a chance
@sin__tax@mattyglesias And we’ve made ourselves attractive to the high achievers - see Elon musk. Additionally you have countries like china that has a ton of high IQers yet stifles individualism > innovation > wealth.
@mattyglesias The one on the right just doesn’t understand we are subsidizing old folks, poor people, the chronically unhealthy, the bloat in medical administration, and the rent seekers in every step of the process. He correctly identifies that he is overpaying for relative risk.
@BitrockBabe @LinkofSunshine@wongmjane@grok Is it better to buy a rental property or burn 80% of your cash and invest the other 20% - that’s what you are comparing.