Jason Friedberg

When you build units, when you have supply, prices go down.

And the stupid people in San Francisco with their woke bulls**t

are like, oh, you're building luxury units.

Let me tell you what happens, dumbasses, when you build luxury units.

The rich hipsters who are living in apartments in the mission upgrade to luxury buildings.

How do I know this?

They're doing it in Austin.

If you live in a crummy apartment in Austin and you see these beautiful apartments being made with luxurious pools and restaurants, cafes, co-working spaces, you move to one of those and that frees up that unit.

In Austin, if you make $130,000 a year, $130,000 as a couple, your rent is going to be 10%, 15% max of your income.

And you're going to be able to make a down payment of 10% because the home's within 25 miles under 45 minutes of driving to the city center.

Do you know how much they are per square foot, Friedberg, where I live?

They are $200 to $300 per square foot.

You can buy a three-bedroom for $300,000 to $500,000.

You can buy a brand new one, Freebird, for $500,000.

Ben Shapiro is absolutely correct.

The people who are upset at Ben Shapiro are a bunch of dipshit hipsters who went hundreds of thousands of dollars in debt, are paying five or $6,000 a month in their rent, can never get out from under their rent payment or their liberal arts bullshit degree.

If you're a smart person, go to the University of Texas,

graduate with little to no debt, live in a modest apartment, put down a down payment, and buy a $500,000 home.

This problem doesn't exist in Texas.

It doesn't exist in a lot of markets.