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Graham Stephan

👤 Speaker
3964 total appearances
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Appearances Over Time

Podcast Appearances

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

So from twenty four thousand dollars a month to 12.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

Well, again, so again, I was 30 years old at the time, so it was probably eight to four, something like that.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

Our friends did not know what was going on.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

That's the most thing.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

That's what it is, right?

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

Again, I was in Silicon Valley and a sales guy and people would drop crazy money on belts and shoes and new cars and lease payments and keeping up with the Joneses.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

We were just not participating.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

We were made fun of, I'm sure, right?

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

Because again, we had, you know, at the time, eight or nine year old cars.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

I know we were made fun of at our silly little 1,300-square-foot condo because we could have easily upgraded three or four times.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

So, yeah, we had to change our network because we just refused to participate in the culture of consumerism.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

I know hundreds, if not thousands of people in the Silicon Valley.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

And I mean, a salary at Facebook is 386 grand.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

386 grand is the average salary at Facebook.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

And most of them are living paycheck to paycheck because they do dumb shit with money.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

This is crazy.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

It's wild.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

Now, some of that's because it's expensive to live there.

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

And again, both parents work, so their kid's in daycare, right?

The Iced Coffee Hour
This ALWAYS Happens Before A Housing Market Crash… | Michael Zuber

So there's some of that real life stuff.