4.8 • 2.1K Ratings
🗓️ 19 March 2024
⏱️ 8 minutes
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0:00.0 | I was going to college during the recession, right? |
0:03.4 | Right. |
0:04.4 | And I just remember like, even then, I mean, we're broke college kids. |
0:08.2 | I was actually playing online poker in college. |
0:10.8 | Where do you? |
0:11.8 | Dude, I've always been a hustler. |
0:14.0 | So I remember, you know, we'd have to get our own housing. |
0:20.0 | The school didn't pay for it. |
0:21.0 | And, you know, I think we spent like 2,000 a month |
0:25.1 | for a like 2.5 bedroom, I'd call it, |
0:28.5 | because like one bedroom was like a freaking closet, |
0:30.8 | that thing. |
0:31.8 | But yeah, it was like 2,000 a month and five of us were living |
0:34.0 | there because it's just like it even then in 2009 it was just like do this is |
0:40.8 | crazy expensive for college kids and like I don't I don't want to know what the house |
0:45.1 | probably it probably rents for four or five grand a day or a month for sure it does yeah for sure |
0:50.7 | yeah yeah it's wild man is that supply? That's the supply issue. Yeah, but I'm with you and like you know even if you think about the valley |
0:59.2 | It's like there's no land. It's done done. So that will always be. |
1:04.0 | That's one actually, even that point right there is actually one of like the selling points of investing |
1:09.0 | in California. |
1:10.0 | The barrier to entry is so high because what you're building on is very limited. |
1:15.8 | Yeah, right? |
... |
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