Rob Luna
๐ค SpeakerAppearances Over Time
Podcast Appearances
Or am I going to go to something that has intrinsic value, it's discounted, and there's going to be some catalyst where at least I'm putting myself on that side of the table.
And that's kind of why I sold my crypto.
Am I right?
You're 100% right.
But essentially, that's how real estate has always been.
It's always been market by market.
Some of the same markets that you're talking about plummeting now for a long period of time did exceptionally better, exponentially better than
Tennessee, for example, right?
What would you rather have done 20 years ago?
Buy beachfront California property or Tennessee property?
Well, maybe up in, maybe not now, but five years ago before COVID, you definitely would have rather had those beachfront properties.
Now, and I think especially after COVID, for a lot of reasons, all those things have changed.
So I think the real estate market today, going back to your, you know, you were saying this before, is it's market by market.
It's really dependent on where you're looking at.
And just like I said, this is for any investment.
What's the catalyst for it to go up?
And so the catalyst for Tennessee or Texas or Florida real estate to go up is there is an exodus because the reason my wife and I left California, it wasn't just because of taxes.
It played a role in it, but I stayed there a long period of time paying an exorbitant amount of taxes because the weather was nice.
Right.
And I had the beach there.