California Real Estate: Kai Ryssdal interview
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I just had to comment on your video....wow, really!
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GENIUS!
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I like Kai personally, and he tried to get the word out...BUT..."5 or 7 or 10% appreciation in the value of your home is normal"?! WTF, Kai! This guy drank the Kool-Aid and then made another pitcher.
Also, do NOT diversify. Get everything into gold NOW. The proverbial s is going to hit the fan of the world.
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I listen to Marketplace every night on my headphones, at work. This guy is smart, and the show's smart.
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i know, right?! that's why i'm here. :)
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Kai Ryssdal rules. Marketplace rules.
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Banking on our homes is in fact NOT ok even though my parents did what his parents did. The current mortgage crisis and decline in property values is merely a symptom of the larger problem, never spoken of, that all non-property owners are completely left out in the cold, about half of us including those owners with no equity. The real killer is that all landed property owners are being subsidized by all non-owners through payment of taxes for public services all of which increase land value.
I'd love to leave a comment, but first, let's do the numbers :))
morkyme 1 year ago 9
So that's what he looks like
Oddityworld 3 years ago 3