(1/8) Hello Twitter! 2022 was a year of settling in to new places, starting a new biz, and grinding on the hamster wheel. '23 will be a year of growth in my professional and personal life. I'm reflecting on the past to reduce noise while setting goals. Here are my Recaps & Goals
Today marks 9 years since Daniel Shaver was killed in a La Quinta hallway. Despite complying and pleading for his life, officer Philip Brailsford, who fatally shot him in a deadly game of "Simon Says," faced no consequences and walked away with a $31K annual pension. 🧵
@RalphChiaia @unusual_whales@suzyhhodge The "Market" assumes rational actors. Not sure how rational you'd be after all your belongings were destroyed and you no longer have a roof over your head.
@elonmusk Your taxes go to subsidize the modern day robber barrons of the world like @elonmusk.. silly plebs, go back to work. Rugged individualism for the poor, socialism for the rich
@allenanalysis All these bootlickers like "we need Elon musk he's the voice of the people" whiles he's the richest man in the world would be hilarious if the stupidity of the Maga Cult didn't hurt so bad. But George soros bad?
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A record ~40% of all US homes currently don't have mortgages.
At first, this seems like great news, but it really just emphasizes how unaffordable this market is.
Currently, a record ~35% of housing market transactions are all cash purchases.
In other words, this market is becoming only affordable for those who are buying with cash.
As interest rates hit 20-year highs and home prices are up 30%+ since 2020, affordability is only getting worse.
We have an affordability crisis.