In the early 1980s, the average new home was roughly 1,600 sq ft and cost about 3–4x the average household income. Today, the average new home is about 35–40% larger (~2,200+ sq ft) but costs roughly 5–5.5x household income.
Part of today’s affordability issue is that Americans are buying significantly bigger homes than prior generations.
@scottmelker How about easing banking regulations so banks can offer more competitive yields? I support crypto, but banking is essential. If crypto gains protections while banks stay constrained, we risk creating an uneven system that weakens a core part of our financial infrastructure.
@brian_armstrong how about supporting USDT - SOL , so your valued and long customers can get access to funds “stuck” in their account at coinbase ? It’s absurd it’s taking this long for you all to provide support or a mechanism for your customers to get these assets back in their possession.
@elonmusk Term limits is a better solution, imo. Elected officials will vote more with their conscious, than being so consumed with winning their next election and what’s popular in the moment.
Trump opposes a "millionaire tax"
"It would be very disruptive. A lot of the millionaires would leave the country [...] You lose a lot of money... that would be bad. Because the wealthy people pay the tax."
@byEliHoff After Nwaneri left after just one year, I’m really not that concerned about missing out on high-profile high school recruits—especially in football, where it often takes time to mature and develop. I'd rather invest in a proven collegiate player.