Brandon
๐ค SpeakerAppearances Over Time
Podcast Appearances
Because the cost of living, think about how much money we added to the economy just in the last five years alone.
We doubled the size of the money supply.
So
We always talk about how it took two years of an average salary to buy an average-priced house in the 70s.
Today, it takes nine years of an average salary to buy an average-priced house.
I know exceptional people are going to make it happen no matter what, but it's like the Pareto Principle.
20% of people are above average and 80% of people are just average people.
When those people can't
get by with just food, housing, and energy, those basic things, that's when you risk socialism.
Because I think the real pillar of a society, the foundation of a society is a strong middle class.
And if you don't have a strong middle class, then you start to have these socialist tendencies.
So that's why I think we're seeing what we're seeing in New York and Miami.
And I don't think Trump is handling it well because he's kind of gaslighting by saying that the issue doesn't exist.
It is a fact that it takes more than half of an average salary to pay for the basic essential things to live.
And that's not a good situation.
Yeah, the common theme in all of them is regulation because I didn't know about the EPA thing right there.
That's interesting because with homes, it's like zoning laws.
They say add an extra 20%, 30% of the price of a house, and then with that, that's obviously jacking up the price of it.
So the solution to it is to make it more โ
feasible to build more of it, create circumstances in which it's profitable for the producers to build more of it, and then the price will come down.