Affordable housing might be the biggest social issue of our time according to Morgan Housel. Drug crisis, declining fertility rates, and even political stability can be downstream of housing.
Morgan Housel on why “be greedy when others are fearful” is easier to say than to do.
If buying a house is a stretch today, it can become a trap tomorrow.
Buying because prices are up and you feel FOMO?
“That’s the worst reason.”
— Morgan Housel
"Nothing is a bigger motivator in life than having a couple people, rarely more than that, that you really don’t want to disappoint."
Full episode with Morgan Housel on The Knowledge Project available now: https://youtu.be/NWZZEa9BURw
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