@NipseyHoussle earning in dollars is weird like that. Saving in them is even weirder.

@NipseyHoussle @GregCrennan This isn't actually true.

@NipseyHoussle This is why you buy and hold assets like single family real estate.

@NipseyHoussle Yes, & people please stop repeating that $1M retirement # it's horse 💩. That is $40k a year income @ a 4% draw rate. $3.3M is the new $1M retirement goal...

@NipseyHoussle Not exactly true

@NipseyHoussle

@NipseyHoussle Ohhhh so like $100k USD -🇨🇦

@NipseyHoussle Three trends in the last ten years contributed to making this market one of the most expensive markets for home buyers: Home prices have increased by 62.7%. Mortgage rates have increased by 76.3%. The median income has increased by 17.7%.

@NipseyHoussle more like $190

@NipseyHoussle pretty much

@NipseyHoussle I nearly had a stroke reading this.

@NipseyHoussle Here’s the real question. In another 30 years, will I have to earn roughly $800k? Because that’s where the wheels of this thing completely fall off.

@NipseyHoussle If you consider vastly higher prices of many options that Gen Z might consider standard; those more expensive choices will likely necessitate even higher income, to enjoy a perceived-similar standard of living (e.g. luxuries like organic, push beyond prior expense levels).

@NipseyHoussle That would mean $160k is the $30K

@NipseyHoussle just compare the price of gold and youll get your multiple