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Study Hall: 10 U.S. States Where You Can Afford a Home on a $75K Income · Earn Your Leisure

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• 1:51
  Speaker 3: Ten US states where you can still afford to buy
• 1:54
  Speaker 3: a home if you earn less than seventy five thousand lolls.
• 1:57
  Speaker 4: Yeah, that was a great post I thought y'all had,
• 2:00
  Speaker 4: and I know things are getting tighter. Let's go through
• 2:03
  Speaker 4: Mississippi sixty three thousand, and this is this is how
• 2:07
  Speaker 4: much you actually could make and still actually be out
• 2:13
  Speaker 4: to be able to afford a home.
• 2:15
  Speaker 5: Ye, so yes, let's go. Let's go through this list,
• 2:20
  Speaker 5: shall we?
• 2:20
  Speaker 3: Sixty three thousand, Mississippi, Ohio sixty four thousand, Arkansas sixty
• 2:27
  Speaker 3: four thousand, Indiana sixty five thousand, South Indiana, Kentucky sixty
• 2:34
  Speaker 3: five thousand, Iowa sixty five thousand, Oklahoma sixty five thousand,
• 2:42
  Speaker 3: Michigan sixty six thousand, Story sixty six thousand, and Louisiana
• 2:48
  Speaker 3: sixty seven thousand.
• 2:49
  Speaker 5: So yeah, those are.
• 2:53
  Speaker 3: That's incredible states where you can still you can still
• 2:57
  Speaker 3: afford to buy a home if you earn less than
• 3:03
  Speaker 3: seventy five thousand.
• 3:04
  Speaker 5: So there's two ways to look at this.
• 3:07
  Speaker 3: It's majority of people in America don't live in those states. Right,
• 3:11
  Speaker 3: So the average black person I believe makes fifty thousand
• 3:18
  Speaker 3: dollars a year, So that's saying that the average person
• 3:25
  Speaker 3: can't buy all, doesn't doesn't make enough through the data
• 3:30
  Speaker 3: in the numbers, the average person doesn't doesn't does not
• 3:33
  Speaker 3: make enough money to buy right. That's one clearing statistic
• 3:39
  Speaker 3: right there, right. And then the other thing is when
• 3:44
  Speaker 3: you look at these states like Mississippi, Arkansas, a right, Louisiana,
• 3:57
  Speaker 3: these are pretty much Republican led states with very poor
• 4:04
  Speaker 3: like these are some of the poorest states in the country, right,
• 4:08
  Speaker 3: with very rural populations. They have some cities like Louisiana
• 4:13
  Speaker 3: obviously has New Orleans and stuff like that.
• 4:16
  Speaker 5: But as far as.
• 4:19
  Speaker 3: Opportunity, right, they're probably there's probably not a tremendous opportunity
• 4:24
  Speaker 3: to scale in Mississippi. Jackson, Mississippi and shout out to
• 4:31
  Speaker 3: all you know, good folks out there, but just saying, right,
• 4:37
  Speaker 3: so Indiana, your state's on here, and we also have Michigan.
• 4:43
  Speaker 3: Michigan is a little surprising because Michigan actually has Detroit.
• 4:49
  Speaker 3: But Detroit has had some issues, but they're kind of
• 4:51
  Speaker 3: rebuild building themselves.
• 4:53
  Speaker 5: But that's why that's the biggest thing. All right, So
• 4:58
  Speaker 5: what's your thoughts on this list?
• 5:00
  Speaker 4: I think one thing that people could be open to
• 5:03
  Speaker 4: doing well. I think the bigger question is what can
• 5:04
  Speaker 4: people do to make more income? Watching whyol watch market
• 5:08
  Speaker 4: mondays come to invest Fest. But I think one an
• 5:13
  Speaker 4: arbitrage move could be is if you're living in maybe
• 5:15
  Speaker 4: Austin or Texas for Dallas, move to one of those places.
• 5:19
  Speaker 1: Maybe invest in real estate. I'm not a real estate expert, but.
• 5:22
  Speaker 4: Some of these states you should be looking to potentially
• 5:25
  Speaker 4: invest in for sure. But I would live in another
• 5:28
  Speaker 4: state where it's cheaper to live, and then I would
• 5:32
  Speaker 4: run an online business from there and arbor tribe the difference.
• 5:36
  Speaker 4: So like, if you've been living in California the last
• 5:38
  Speaker 4: four years and maybe an adjustment to move to Michigan
• 5:41
  Speaker 4: or Ohio or Indiana. But if you have a business
• 5:44
  Speaker 4: that is global or at least you know, running statewide,
• 5:49
  Speaker 4: you can run your business from there to be able
• 5:51
  Speaker 4: to offset things. I think for the first time in history,
• 5:54
  Speaker 4: we'll not history first time in like two hundred years.
• 5:56
  Speaker 4: We're going back to a more entrepreneurial driven economy for consistency,
• 6:01
  Speaker 4: and you have to find ways to move. Like even
• 6:03
  Speaker 4: when I first moved to Houston from Colorado, the cost
• 6:06
  Speaker 4: of living was really cheap. Once I find out no
• 6:08
  Speaker 4: state income tax, it was super affordable. Price has been
• 6:11
  Speaker 4: driven up. So I know old Boy messed up the
• 6:13
  Speaker 4: housing market in Ohio, but maybe somebody can go to
• 6:17
  Speaker 4: Arkansas or Indiana, start to invest there and run businesses
• 6:22
  Speaker 4: from there. And I will say, even in these places
• 6:24
  Speaker 4: where it's not most popular, there's a lot of opportunity there.
• 6:27
  Speaker 4: Even in cities there's are overbought and I normally don't
• 6:30
  Speaker 4: like RSI, but there's an overbought and oversold opportunity based
• 6:34
  Speaker 4: on cities and countries. This is why you know the
• 6:38
  Speaker 4: load Dasa and shot to everybody in Mexico. Coats on
• 6:40
  Speaker 4: the Mexico right they're making they move to Ghana. You
• 6:44
  Speaker 4: have to constantly search for what the opportunity is. And
• 6:47
  Speaker 4: that's where it's like playing basketball. Like if my shot
• 6:50
  Speaker 4: on the right hand side ain't working and I'm getting
• 6:52
  Speaker 4: all my shots off the block, man, why not just
• 6:54
  Speaker 4: go to the block. So if I had a business
• 6:55
  Speaker 4: and I'm coming to invest FST, I would link with
• 6:58
  Speaker 4: everybody from my state that can then potentially become your
• 7:02
  Speaker 4: customer list or real estate investor list. I will go
• 7:04
  Speaker 4: back home and I will find ways to make impact there.
• 7:07
  Speaker 4: And you can do the same thing. Go meet with
• 7:08
  Speaker 4: the mayor, Go meet with the city council, Go meet
• 7:10
  Speaker 4: with all the teachers, meet with all the parents, the
• 7:13
  Speaker 4: AAU coaches to give help them in some particular way,
• 7:18
  Speaker 4: and you can build an empire. Like when I first
• 7:20
  Speaker 4: started getting into investment in trading, I was out of
• 7:23
  Speaker 4: Colorado Roto Springs.
• 7:24
  Speaker 1: I moved to Publo, West, Colorado.
• 7:27
  Speaker 4: So my Kanye thing, I'm going to Hawaiian and just
• 7:29
  Speaker 4: put myself in a bunker and got this down. Like
• 7:32
  Speaker 4: there's a lot of arbitrage being in a smaller city
• 7:35
  Speaker 4: and then.
• 7:37
  Speaker 1: Executing to the world. But what do you guys think?
• 7:40
  Speaker 4: Yeah, you guys have done done it in your city
• 7:42
  Speaker 4: from where you're from.
• 7:44
  Speaker 3: Yeah, another think that I'm always against people that the
• 7:47
  Speaker 3: mindset and say people I'm against the mindset of this
• 7:50
  Speaker 3: goes back to the middle class mindset.
• 7:52
  Speaker 5: I haven't done one of my.
• 7:53
  Speaker 3: Monologues in a while, but we did the middle class
• 7:57
  Speaker 3: mindset monologue and I was kind of explaining that, and
• 7:59
  Speaker 3: then this kind of plays into that middle class mindset
• 8:02
  Speaker 3: monologue where I've heard people say it before, like, you know,
• 8:06
  Speaker 3: they move to different states because the cost of living
• 8:09
  Speaker 3: is cheaper.
• 8:10
  Speaker 5: Right now, that's a factor.
• 8:12
  Speaker 3: But my mentality has always been how do I make
• 8:15
  Speaker 3: more money so I can live, so I can live
• 8:17
  Speaker 3: in the state that I want to. Right, if you
• 8:20
  Speaker 3: want to, if you want to, if you want to
• 8:22
  Speaker 3: move to you know, Rowan Oak, Virginia because you just
• 8:26
  Speaker 3: like it there, then more power to you. I don't
• 8:31
  Speaker 3: want to have to move to San Antonio, Texas, just
• 8:37
  Speaker 3: ars Barclay, I'm picking a place. I don't think we
• 8:45
  Speaker 3: have tremendous viewership in San Antonio. But shot said nothing
• 8:49
  Speaker 3: against san Antonio. But I'm just saying, you know, I
• 8:51
  Speaker 3: don't want to have to move to a place that
• 8:55
  Speaker 3: I don't want to live because I just think that
• 8:58
  Speaker 3: it's a cheaper financially, right. I want to figure out
• 9:03
  Speaker 3: how to make more money so I can live comfortably
• 9:09
  Speaker 3: where I want to live. So that's a mindset shift, right.
• 9:13
  Speaker 3: I think that's one thing that I think we got
• 9:15
  Speaker 3: to kind of reprogrammerate everything, because, like I said, you
• 9:18
  Speaker 3: had it all the time while I'm moving down here
• 9:20
  Speaker 3: it's cheaper, I'm gonna go here, it's cheap. I'm gonna
• 9:22
  Speaker 3: leave here. It's too expensive here. I understand that, and
• 9:25
  Speaker 3: there's nothing wrong with that, But the other part of
• 9:28
  Speaker 3: that is just as much energy as you're putting to
• 9:33
  Speaker 3: leave a situation because it's too expensive, you should put
• 9:36
  Speaker 3: more energy into figuring out how you can better your situation,
• 9:40
  Speaker 3: earn more money, to be comfortable in any situation in
• 9:44
  Speaker 3: any city that you're in, right, And then if you
• 9:47
  Speaker 3: do take that to a cheaper place, then now you'll
• 9:50
  Speaker 3: be even better off as opposed to trying to transfer
• 9:54
  Speaker 3: jobs and get a cheaper.
• 9:56
  Speaker 4: Oh, applying for a job is, like I'm gonna tell
• 9:59
  Speaker 4: you harder an entrepreneurship. Like when I hear my friends like, well,
• 10:02
  Speaker 4: I've been applying for three months and eight months and
• 10:03
  Speaker 4: can't I'm like, you could have built the funnel and
• 10:06
  Speaker 4: put out the content and help people. So I agree
• 10:08
  Speaker 4: with that one thousand percent, But like going off all
• 10:10
  Speaker 4: the episodes we've done and that you guys have done,
• 10:13
  Speaker 4: what are like three quick tips might clip this up
• 10:16
  Speaker 4: for ways people can make more money in twenty twenty four.
• 10:19
  Speaker 2: Let me let me just finish, Let me just like
• 10:20
  Speaker 2: get my thoughts into understand about that, right, Like if
• 10:23
  Speaker 2: you're making under seventy five thousand, granted, right, some people
• 10:26
  Speaker 2: are doing that.
• 10:27
  Speaker 1: For sure?
• 10:28
  Speaker 2: Buying how how are we buying a home? Like how
• 10:30
  Speaker 2: are you affording to put a down payment on that?
• 10:32
  Speaker 2: Are you using it?
• 10:33
  Speaker 1: Like and most of these states they have, I know Indiana.
• 10:35
  Speaker 2: The payment program that would that would you'd have to
• 10:38
  Speaker 2: take into account that you have no other debt, So
• 10:40
  Speaker 2: like what what what type of monthly payment is? It's
• 10:42
  Speaker 2: going to be interest rates at seven percent? They haven't
• 10:45
  Speaker 2: gone down for the past year. So like when I
• 10:48
  Speaker 2: don't care what state you're in, with that amount, it's
• 10:51
  Speaker 2: going to be tough man this might be one of
• 10:52
  Speaker 2: those situations where we're actually suggesting, like, hey, this might
• 10:56
  Speaker 2: be better if you're making that amount, it might be
• 10:58
  Speaker 2: better for you to rent until you actually in a
• 11:00
  Speaker 2: better financial position to actually if.
• 11:02
  Speaker 1: You want to buy home, because this is going to
• 11:04
  Speaker 1: put you I think.
• 11:05
  Speaker 3: I think the reason why they put that list together
• 11:07
  Speaker 3: is because you can afford to buy a home. So
• 11:09
  Speaker 3: when you look into a place like Mississippi, right, you
• 11:11
  Speaker 3: could probably buy a home.
• 11:15
  Speaker 4: I get that, you have a five hundred get mortgage
• 11:19
  Speaker 4: is like four hundred dollars a month.
• 11:20
  Speaker 1: I get it, you could buy it.
• 11:22
  Speaker 2: But if you're at that amount of money, let's say
• 11:23
  Speaker 2: you make a fifty thousand, should you be buying that home?
• 11:26
  Speaker 5: Yeah? Why not?
• 11:27
  Speaker 3: If you get if I'm saying it's all relative, right, Like,
• 11:29
  Speaker 3: if I can afford to buy the home, I have
• 11:32
  Speaker 3: twenty thousand dollars saved, and I can afford to put
• 11:35
  Speaker 3: four hundred dollars a month into into the mortgage, Yeah
• 11:39
  Speaker 3: why not?
• 11:39
  Speaker 5: Why not?
• 11:40
  Speaker 3: If it's not financially if it's not going to kill you.
• 11:43
  Speaker 3: That's why they put those states, right, because like those
• 11:46
  Speaker 3: states would allow you, if other things are considered, they
• 11:50
  Speaker 3: would allow somebody in that range to afford.
• 11:53
  Speaker 5: To buy a home.
• 11:54
  Speaker 4: Yeah, and just my investing brain. I talked about this
• 11:56
  Speaker 4: on Saturday and the stock club call. That's Jointing invest
• 11:59
  Speaker 4: dot com. Let me ask you guys this, if you
• 12:02
  Speaker 4: were if you couldn't have a call or put on
• 12:06
  Speaker 4: Los Angeles as a city, which one would you pick?
• 12:10
  Speaker 1: City?
• 12:10
  Speaker 3: L A call all put on Los Angeles. You know,
• 12:12
  Speaker 3: LA is one of my favorite cities in the world.
• 12:16
  Speaker 1: Yeah.
• 12:17
  Speaker 5: I mean as far as living.
• 12:19
  Speaker 1: Place, Tollywood Hole, I love it out there.
• 12:21
  Speaker 3: Probably I could probably live in four places in America
• 12:24
  Speaker 3: New York, Atlanta, Miami, l A in l A H.
• 12:29
  Speaker 5: But l A has tremendous problems.
• 12:35
  Speaker 3: I would say it's difficult because the first the first
• 12:39
  Speaker 3: thing would be to put a put on it because
• 12:42
  Speaker 3: the homeless population, the increased levels of taxes, so many
• 12:46
  Speaker 3: that's why so many billionaires leaving California, the whole state
• 12:48
  Speaker 3: of California, right, just the state income taxes, just it's
• 12:51
  Speaker 3: so much. You gotta deal with the crime issues, breaking.
• 12:53
  Speaker 1: The million the mansion tax thing I was reading about,
• 12:57
  Speaker 1: that's ridiculous. Yeah, now you're talking long term and short term.
• 13:00
  Speaker 1: Long term, Well, well, let's say three year, two year,
• 13:02
  Speaker 1: three year.
• 13:03
  Speaker 3: But on the other side of that is that la
• 13:05
  Speaker 3: is extremely la is like New York, It's extremely resistant.
• 13:09
  Speaker 3: Hollywood is still there, right, they still have a variety
• 13:12
  Speaker 3: of different things that's in their favor.
• 13:15
  Speaker 5: So I could we.
• 13:17
  Speaker 1: Make the not to cut you off.
• 13:18
  Speaker 4: I'm not doing today because I'm still traumatized from being
• 13:20
  Speaker 4: cut off from team You be cut off as Hollywood
• 13:23
  Speaker 4: slowly dying, like New York has a bunch of major
• 13:25
  Speaker 4: industries shipping, ports, investing industry, like real businesses that are needed. Right,
• 13:33
  Speaker 4: I would argue majority of the value of the GDP
• 13:37
  Speaker 4: in the United States, maybe fifty percent of that comes
• 13:39
  Speaker 4: from the value of New York real estate.
• 13:41
  Speaker 5: Right.
• 13:43
  Speaker 4: I don't think California has that, Like when Rogan left
• 13:45
  Speaker 4: and took all them comedians and podcasters and then you
• 13:48
  Speaker 4: have to fall out from Weinstein. We're seeing And this
• 13:51
  Speaker 4: is from an investing standpoint, this is how I want
• 13:53
  Speaker 4: everyone to think, Like, is the value of something underpriced
• 13:57
  Speaker 4: or overpriced? I think right now, now, let's say California
• 13:59
  Speaker 4: is a whole San frans in Trouble Valley, Like it's tough,
• 14:05
  Speaker 4: But so I would look at it and say, in
• 14:07
  Speaker 4: these list of ten cities. Go look at what the
• 14:11
  Speaker 4: prospects are for upward mobility over the next four or
• 14:14
  Speaker 4: five years and find a way. And if you go
• 14:17
  Speaker 4: look deep enough, you can find the future's data own cities.
• 14:21
  Speaker 3: I think LA still appreciates over time, and I think
• 14:26
  Speaker 3: that in order for something to be replaced, there have
• 14:28
  Speaker 3: to be a replacement. So you're right as far as
• 14:31
  Speaker 3: even how continent is produced is changing, and we're seeing people.
• 14:35
  Speaker 3: You know, fifty cent has a whole operation in Streetport, Louisiana, right,
• 14:38
  Speaker 3: But there's still LA is still the hub of entertainment.
• 14:44
  Speaker 3: It's still the hub of entertainment. So unless another city
• 14:50
  Speaker 3: takes it from and I don't know what city that was.
• 14:53
  Speaker 1: What city could that be? Maybe Miami?
• 14:55
  Speaker 4: Maybe, because if Miami gets media, I am crypto Miami.
• 15:00
  Speaker 3: Me Miami trying to take over New York. As far
• 15:02
  Speaker 3: as the financial of America, they have.
• 15:04
  Speaker 4: Eighteen thousand millionaires moved in a year and a half.
• 15:07
  Speaker 3: They have they have a legitimate chance to do that
• 15:09
  Speaker 3: over the course of the next fifteen years. Yeah, I
• 15:12
  Speaker 3: don't think Miami is focused on entertainment in the same way.
• 15:15
  Speaker 3: If it was focused on entertainment, then they probably could,
• 15:17
  Speaker 3: but I think their focus is on business.
• 15:21
  Speaker 1: Yeah. What about Austin No, Nope, No.
• 15:26
  Speaker 2: I like when you said that, I thought about the
• 15:30
  Speaker 2: one of the issues LA. But California general highest state
• 15:33
  Speaker 2: tax right, And so when you're talking about that from
• 15:35
  Speaker 2: a standpoint of entertainment, even from the production side to
• 15:40
  Speaker 2: down to the actors and actresses, the amount of money
• 15:41
  Speaker 2: that you lose just from being a worker in that
• 15:44
  Speaker 2: state is detrimental man, but La specifically, and it's around
• 15:50
  Speaker 2: the counties. When you talk about commercial real estate, some
• 15:52
  Speaker 2: of the highest in the world.
• 15:54
  Speaker 1: I mean residential real estate. Not here it is residential.
• 15:57
  Speaker 2: Do you have some of the highest home values in
• 15:59
  Speaker 2: the entire definitely in the country, but in the world.
• 16:02
  Speaker 2: So if it's a short term, just going back to that,
• 16:04
  Speaker 2: the short term, I put a call on it. I
• 16:06
  Speaker 2: put a call on I think it continued to appreciate,
• 16:09
  Speaker 2: especially if it's a short every time in the next
• 16:11
  Speaker 2: three years, I definitely put on.
• 16:12
  Speaker 1: But it'd be an interesting poposition. I know when we
• 16:15
  Speaker 1: asked that.
• 16:15
  Speaker 2: Question years ago, We're like, can Atlanta be the next
• 16:19
  Speaker 2: hub for entertainment? And we saw what Tyler Perry's doing
• 16:23
  Speaker 2: inside of Atlanta.
• 16:23
  Speaker 1: Woul Hit his studio.
• 16:25
  Speaker 2: It would take a concerted effort from the four majors
• 16:29
  Speaker 2: to say, all right, the tax is too much, this
• 16:32
  Speaker 2: isn't profitable anymore. Where can we go and where can
• 16:35
  Speaker 2: we get the biggest bang for our buck. I don't
• 16:37
  Speaker 2: know if that that doesn't happen in the next three years,
• 16:40
  Speaker 2: but eventually could it.
• 16:42
  Speaker 1: There's a chance.
• 16:43
  Speaker 4: Yeah, you just seeing how many residents are leaving and
• 16:46
  Speaker 4: if everyone listening or watching, these are the kind of
• 16:49
  Speaker 4: scenarios I need you to paint. Is everything a long
• 16:52
  Speaker 4: term by or is it dropping? So like Chicago? Interesting proposition.
• 16:57
  Speaker 4: New York, of course is rebounded, but Virginia or South Carol.
• 17:04
  Speaker 3: I would say this as far as my and I'm
• 17:07
  Speaker 3: not Don Peebles, so you know it's just my opinion.
• 17:10
  Speaker 3: But New York long term has problems long term. This
• 17:15
  Speaker 3: weather thing, I'm not a conspiracy theorist, but this the rain.
• 17:19
  Speaker 1: Is out there's crazy. You have the fifth rainiest March
• 17:23
  Speaker 1: in the history.
• 17:23
  Speaker 5: It rained, It rains every day. The weather has changed.
• 17:28
  Speaker 5: The weather has changed.
• 17:29
  Speaker 3: Whether you want to say it's global warming or whether
• 17:32
  Speaker 3: you want to say it's cloud poaching done by art
• 17:37
  Speaker 3: cloud harvesting people. I don't care cloud harvest, whatever you
• 17:42
  Speaker 3: want to say. There's no denying that the weather is changing, right,
• 17:46
  Speaker 3: and it's not changing for good. But we're turning to
• 17:49
  Speaker 3: Seattle out here. That's concerning Miami is is on the rise.
• 17:57
  Speaker 5: Miami.
• 17:58
  Speaker 3: Miami has issues too related to weather. They might not
• 18:01
  Speaker 3: even have a city in twenty eight but for now,
• 18:05
  Speaker 3: there's no place. There's no place like Miami right now
• 18:08
  Speaker 3: as far as the upward mobility, as far as all of.
• 18:11
  Speaker 5: The energy is moving to Miami.
• 18:13
  Speaker 3: When you see people like Jeff Bezos, when you see
• 18:16
  Speaker 3: all these billionaires moving to a certain location, it's not
• 18:18
  Speaker 3: by accident and it's not for no reason. Yeah, it's
• 18:21
  Speaker 3: no state income tax, but let's just be honest, those guys.
• 18:23
  Speaker 3: State income tax don't like you're the richest person in
• 18:27
  Speaker 3: the world. State income tax is not going to make
• 18:29
  Speaker 3: a break your day. It's the quality of life, right,
• 18:32
  Speaker 3: It's actually live in a place that has two hundred
• 18:35
  Speaker 3: and eighty days of sunshine. You got, you got the ocean,
• 18:39
  Speaker 3: you got so many different things.
• 18:41
  Speaker 1: In your business community.
• 18:43
  Speaker 3: And then you mix the no state income tax, then
• 18:46
  Speaker 3: you mix the crypto, then you mixed all of the
• 18:49
  Speaker 3: business and there. All of the major Wall Street firms
• 18:53
  Speaker 3: are moving to at least have a headquarter in Brickle
• 18:56
  Speaker 3: in downtown Miami, and they are positioning Miami to be
• 19:03
  Speaker 3: the financial capital of the United States of America. That
• 19:08
  Speaker 3: that may sound crazy because New York has always looked
• 19:11
  Speaker 3: at as financial capital, but New York is gonna have
• 19:14
  Speaker 3: a strong If New York loses the financial capital, They're done.
• 19:17
  Speaker 3: New York is done. New York is over. It's over,
• 19:22
  Speaker 3: mark my words. This might not happen for a long time.
• 19:24
  Speaker 3: But if if Miami overtakes New York as the financial hub,
• 19:28
  Speaker 3: because that's the only reason why people even staying in
• 19:30
  Speaker 3: New York anyway, if they lose the financial capital in
• 19:34
  Speaker 3: real estate and New York will go down New York,
• 19:37
  Speaker 3: New York will be in serious trouble. It's not like
• 19:40
  Speaker 3: we have good but it's not like we have good weather, right,
• 19:43
  Speaker 3: It's not like we have room, it's not like we
• 19:45
  Speaker 3: have a variety of other things that other places have.
• 19:49
  Speaker 5: So New York's in trouble.
• 19:51
  Speaker 3: We have we have, and we got millions of square
• 19:54
  Speaker 3: foot of office space that is vacant.
• 19:58
  Speaker 2: We still got the York Stock Exchange in Wall Street
• 20:02
  Speaker 2: interesting history lesson.
• 20:04
  Speaker 4: The first exchange was in Philadelphia. Yeah, I know it's
• 20:07
  Speaker 4: been there for a while.
• 20:07
  Speaker 2: But most don't and most people think that those are
• 20:12
  Speaker 2: the like New York Stock Exchange is the only exchange
• 20:14
  Speaker 2: in the country because all ever gets talked about. But
• 20:17
  Speaker 2: at this point there's more exchanges throughout the United States.
• 20:20
  Speaker 4: On the Chicago and also just to be very real,
• 20:23
  Speaker 4: what you guys think we saw ib o happen. That
• 20:26
  Speaker 4: floor wasn't crowded how it used to be eight year.
• 20:28
  Speaker 3: Say, the stock exchange thing is, it doesn't mean anything anymore, right, Nastak,
• 20:34
  Speaker 3: It doesn't even adnas that could be anywhere. It's all electronic,
• 20:37
  Speaker 3: So we're moving more to AI electronic anyone, Like you said,
• 20:40
  Speaker 3: like back in the days, you physically had to be there.
• 20:43
  Speaker 1: Had to be there with paper trades and paper.
• 20:46
  Speaker 3: Tickets Yugoslavia and making a trade. So yeah, they still
• 20:50
  Speaker 3: and they probably will, don't. I don't see the Wall
• 20:52
  Speaker 3: Street actually physically moving this location. But what I'm saying
• 20:56
  Speaker 3: the financial capital of the world, I'm talking about as
• 20:58
  Speaker 3: far as all of the age for not having their
• 21:02
  Speaker 3: physical locations and not having their their base, not being
• 21:06
  Speaker 3: based in New York you can still be based in
• 21:08
  Speaker 3: Miami and still be running operations out of you know,
• 21:10
  Speaker 3: New York Sock Exchange or on that.
• 21:13
  Speaker 4: Yeah, lastly, we went there at eleven thirty. You can
• 21:16
  Speaker 4: hear pin drop on the floor.
• 21:18
  Speaker 1: You talked about I mean, we talked about the wealthiest people.
• 21:20
  Speaker 2: This is why Elon when he was when Tesla was
• 21:23
  Speaker 2: housed inside of California.
• 21:25
  Speaker 1: So this doesn't even make sense.
• 21:27
  Speaker 2: Why are we paying this ACTRA thirteen percent when we
• 21:29
  Speaker 2: could just go to Texas absolutely have the same operation
• 21:32
  Speaker 2: and run this even more efficiently.
• 21:35
  Speaker 3: Yeah, it's also so it's also not the tax thing
• 21:38
  Speaker 3: as a political thing as well. So when you're looking
• 21:42
  Speaker 3: at California, they got strong unions. That's that's one of
• 21:45
  Speaker 3: the real reasons why Elon left is because he was
• 21:48
  Speaker 3: in a fight with the unions and the Democrat. The
• 21:51
  Speaker 3: Democratic state California has always leaned towards the unions. It's
• 21:54
  Speaker 3: a lot, it's a lot less business friendly. So when
• 21:58
  Speaker 3: you go to states like Texas and now you coming
• 22:00
  Speaker 3: with leverage, Now you can pretty much write your own playbook,
• 22:04
  Speaker 3: right because now they're welcoming you that you know they're
• 22:06
  Speaker 3: gonna they're going to bring in billion dollars to the economy.
• 22:09
  Speaker 3: So and they're moving to these republican states. It's less
• 22:14
  Speaker 3: regulation on business, it's less union friendly, it's a variety
• 22:18
  Speaker 3: of other things. So the taxes are part of it,
• 22:20
  Speaker 3: but it's not the only I feel like the taxes
• 22:21
  Speaker 3: is something that the media kind of always talks about.
• 22:24
  Speaker 3: People know about the taxes, but there's so many other
• 22:27
  Speaker 3: things that go into play here that people don't realize, right,
• 22:32
  Speaker 3: and one of it is the political landscape in the court.
• 22:36
  Speaker 1: Of course that plays role.
• 22:37
  Speaker 2: But you're talking about a company who's trying to figure
• 22:40
  Speaker 2: out its valuation, trying to figure out how it's going
• 22:42
  Speaker 2: to generate revenue.
• 22:43
  Speaker 1: You see, it's cutting jobs. You see that production and
• 22:46
  Speaker 1: if inflation goes up, yeah, that that number will matter.
• 22:49
  Speaker 2: That has to be at the forefront of like, all right,
• 22:52
  Speaker 2: some of these decisions we got to make, especially if
• 22:54
  Speaker 2: we're trying to build new facilities and new factories and
• 22:56
  Speaker 2: have new innovation.
• 22:58
  Speaker 1: Course, so they've been that. I mean, if it ties
• 23:00
  Speaker 1: into it and.
• 23:01
  Speaker 2: The capital is high too, yeah yeah, yeah, shout out
• 23:06
  Speaker 2: California resident.
• 23:06
  Speaker 3: All right, well, well, ma to the situation you guys
• 23:09
  Speaker 3: put in chat which you which states your most bullish,
• 23:12
  Speaker 3: bullish on as far as those but I'll tell you this.
• 23:16
  Speaker 1: Out of those ten, just take take one of the ten,
• 23:20
  Speaker 1: which one of the most bullish.
• 23:21
  Speaker 5: I'm not bullish on any of those states, none of them.
• 23:23
  Speaker 4: No, but I will always shout out Gary, Indiana, Dame,
• 23:27
  Speaker 4: just come on, shout out to Day.
• 23:29
  Speaker 5: We're gonna, we're gonna tap into.
• 23:30
  Speaker 3: He's been talking about this situation that's happened on the
• 23:33
  Speaker 3: correctional facility and he actually called me yesterday said we
• 23:36
  Speaker 3: need to raise awareness to it. But okay, out of
• 23:40
  Speaker 3: these states, maybe Michigan Shotel Harper.
• 23:42
  Speaker 5: He's a good guy.
• 23:44
  Speaker 2: I think that would Yeah, with which one of those.
• 23:48
  Speaker 1: Indian you got okay, Yeah, I ain't looking at no data.
• 23:52
  Speaker 4: Shout Gary, shout, Maryville, terror Hoe, Indianapolis.
• 23:57
  Speaker 1: Yeah, you know I would go.
• 24:00
  Speaker 2: I mean, even seeing Michigan on it was surprising, but
• 24:02
  Speaker 2: I'll probably go with there just because of I mean,
• 24:05
  Speaker 2: it has Detroit inside there, and we know the potential
• 24:07
  Speaker 2: that could happen in Detroit. We know the infrastructure that's there,
• 24:10
  Speaker 2: we know Dan Gilbert, what he's doing to the downtown
• 24:12
  Speaker 2: and renovation of that, the amount of people that are
• 24:14
  Speaker 2: in that city, but.
• 24:17
  Speaker 1: I would if I had the tchruse out of the
• 24:19
  Speaker 1: ten that would be there.
• 24:19
  Speaker 3: It's a reason why these cities are Like Missouri Saint Louis,
• 24:23
  Speaker 3: they just just posted they sold the billion for a
• 24:25
  Speaker 3: building for three million dollars that sold for over two
• 24:28
  Speaker 3: hundred million dollars fifteen years ago. So it's the I mean,
• 24:33
  Speaker 3: it's nothing personal against aybody that lives in these states,
• 24:35
  Speaker 3: but they have issues, right And I don't necessarily know
• 24:39
  Speaker 3: how Arkansas. I'll say, if you take Walmart, what does
• 24:42
  Speaker 3: Arkansas have? A John Calipari and Walmart? That's what they have.
• 24:45
  Speaker 3: So it's like it's one of these things where look,
• 24:49
  Speaker 3: you can't fight against the tide. Florida has it right now. Florida,
• 24:53
  Speaker 3: that's where it's at right now. Texas has some good
• 24:57
  Speaker 3: things that's happening in Texas or Houston, Dallas, in Dallas, yeah,
• 25:04
  Speaker 3: Texas is up there, don't don't look. Look what I'm
• 25:08
  Speaker 3: saying is like investing winners, like how Ian always says,
• 25:11
  Speaker 3: like you invest in Apple, Microsoft because they're winning, right.
• 25:14
  Speaker 3: You can't go down the list and try to invest
• 25:16
  Speaker 3: in teenth ranked you know, biotech company because you think
• 25:21
  Speaker 3: it has potential because it's cheap. Florida state as a state,
• 25:27
  Speaker 3: but Miami specifically Florida. But I like I like mid
• 25:31
  Speaker 3: Florida too. I think Florida has a lot of potential.
• 25:33
  Speaker 3: I used to live so Tampa Bay, Orlando, even Jacksonville
• 25:39
  Speaker 3: to Jacksonville, that's a nice city they got. Florida has advantages. Florida, Texas,
• 25:47
  Speaker 3: Georgia specifically Atlanta, they still have that. They still have
• 25:51
  Speaker 3: some things that's going on there that's very, very upward mobility.
• 25:55
  Speaker 3: I think that that's going to Atlanta's going to keep going.
• 25:57
  Speaker 5: Up for for a while. So Georgia, Florida, Texas.
• 26:04
  Speaker 1: M.
• 26:06
  Speaker 4: Water is gonna be also if a Hedge Funter Bank
• 26:09
  Speaker 4: moves there or big let's say Fortune thirty company moves
• 26:14
  Speaker 4: to one of those states in the ten, keep your
• 26:18
  Speaker 4: eyes open.
• 26:19
  Speaker 2: What about what about Arizona. There's a migration of people
• 26:23
  Speaker 2: especially that have come from California, California obviously Mexico going
• 26:27
  Speaker 2: average opportunities Arizona.
• 26:29
  Speaker 5: This energy around Las Vegas.
• 26:33
  Speaker 2: We've seen infrastructure go to that to that state where
• 26:35
  Speaker 2: he spoke about you. Yeah, so Arizona's on our top
• 26:38
  Speaker 2: ten list.
• 26:39
  Speaker 1: No, no, no, no, He's just it's pricey in Arizona.
• 26:43
  Speaker 5: And GONAA it's Ghana.
• 26:46
  Speaker 1: You A.
• 26:48
  Speaker 5: How you go out the country.
• 26:50
  Speaker 6: An illegal alien from Guatemala charged with raping a child
• 26:53
  Speaker 6: in Massachusetts. An MS thirteen gang member from l Salvador
• 26:57
  Speaker 6: accused of murdering a Texas. Man of Venezuelan charged with
• 27:01
  Speaker 6: filming and selling child pornography in Michigan. These are just
• 27:05
  Speaker 6: some of the heinous migrant criminals caught because of President
• 27:09
  Speaker 6: Donald J. Trump's leadership. I'm Christy nom the United States
• 27:13
  Speaker 6: Secretary of Homeland Security. Under President Trump, attempted illegal border
• 27:18
  Speaker 6: crossings are at the lowest levels ever recorded, and over
• 27:21
  Speaker 6: one hundred thousand illegal aliens have been arrested. If you
• 27:25
  Speaker 6: are here illegally, your next you will be fine nearly
• 27:29
  Speaker 6: one thousand dollars a day, imprisoned and deported, you will
• 27:33
  Speaker 6: never return. But if you register using our CBP home
• 27:36
  Speaker 6: app and leave now, you could be allowed to return legally.
• 27:40
  Speaker 6: Do what's right. Leave now. Under President Trump, America's laws,
• 27:45
  Speaker 6: border and families will be protected.
• 27:47
  Speaker 1: Sponsored by the United States Department of Homeland Security,