While Nancy dreams about buying a dream house, Max thinks home ownership is a made-up financial product of America and a bad way to invest the money. He believes that, in these unstable times, the best possible thing to do is invest in yourself – recognize and develop your skills and talents. Nancy and Max further discuss prices going up, inflation, costs of living in Texas vs. California, the necessity of changing the US financial system, and more.
Episode Highlights:
The IRS system needs to be re-created
Elon Musk and Jeff Bezos paying less taxes than you?
Real-estate market – will mortgage rates continue to go up?
Home ownership is a financial product we made up
The best investment is investing in yourself!
Texas or California - where is life more affordable?
Quote:
“If you want to buy a house on the beach, don’t buy a f***ing house on the beach. Rent it!” – Max Anderson
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