kepano
@kepano
There are 2+ billion people under the age of 24 — and from what I can tell they understand the value of ownership over renting better than their parents. This will change every market.
2 replies
6 recasts
37 reactions
Brad Barrish
@bradbarrish
Ownership of what?
2 replies
0 recast
1 reaction
kepano
@kepano
everything both virtual and physical
1 reply
0 recast
4 reactions
Brad Barrish
@bradbarrish
That seems to be the opposite of what I assume to be true and runs counter to what we see with media and housing, just as examples. Is there something in particular that informs your take other than perhaps Obsidian subscribers? I'm asking because I'm interested in how you came to think this.
1 reply
0 recast
1 reaction
kepano
@kepano
what I am seeing is a reactionary pendulum swing, and greater financial literacy possibly driven by social media (especially YouTube, TikTok, Instagram) but it will take time to manifest because this cohort is only just beginning to join the workforce, develop purchasing power, and grow their political ambitions
1 reply
0 recast
0 reaction