A) is everything a fucking crisis? My god. B) dumb analysis. Older gen always had more - because they've worked their whole life!https://twitter.com/kimmaicutler/status/887762184268378112 …
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Also college tuition was basically free then.
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The California tax system also inhibits property turnover compared to other US stateshttps://twitter.com/kimmaicutler/status/804251623702704128 …
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This economic exclusion seems like major threat to longterm home values, which nimbys should care about. No entry level homes -> no upsizers
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Long term returns to real estate are highly correlated with inflation. This pattern has persisted for over 200 years. RE not an investment
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Well of course. We didn't have student debt. That $ went for down payments. We went from HS directly to university and finished in 4 yrs
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