Daniel Priestley
๐ค SpeakerAppearances Over Time
Podcast Appearances
A young person needs to know that someone's making a lot of profit.
They need to be able to see there is opportunities to do this, there's opportunities to do that.
They need to also see, oh, this is no longer an opportunity.
So this was a great opportunity five years ago, but it's not such a great opportunity now.
A lot of young people are going to discover, oh, wait a second,
I could get into house renovations because a lot of houses need renovating.
And they go, oh, cool.
I've heard about someone who's making money doing that.
I'm going to go do that.
So that's just having access to price data.
So why does it matter is because 1% of people pay for 30% of the bills and 10% of people pay 60% of the bills.
So if those people leave, then those bills get passed on to everybody.
We've seen this here in New York.
So at the moment we're in New York and this socialist mayor, Mandani, has basically just come out today and said we need to put everybody's taxes up because we need to spread the bills of the city across all the residents because people are leaving, right?
So he wants to propose a 9.5% tax rise on all people who own homes, regardless of the value of those homes.
So essentially, when rich people leave, they leave behind a lot of bills that everybody else has to pay that they were previously paying.
He promised free stuff and he promised that everything was going to be paid for for free.
Nothing is free.
Someone has to pay for everything.
If the rich people leave, there is not people who can pay for all the free stuff.