Primary Residence

topic on 2 shows · 2 statements across 2 episodes

My First Million the a16z Podcast

2 statements about Primary Residence, every show

Sethi: Buying a Primary Residence Is Often a Terrible Financial Investment
“Buying a primary residence is, is sometimes, but often not, a great investment.”
Ramit Sethi Jan 6, 2025 ▶ 40:46 56 Minutes of Money Wisdom for High-Earning Couples
a16z Assertion Contradicted
Housing and taxes consume 70% of an average person's lifetime income
“For a normal person who is just doing what they do every day and not doing a spectacular one-time financial event about 70% of their money that they see in their lifetime goes to just two things. It's primary residence and taxes.”
Sten Tamkivi Jan 2, 2019 ▶ 9:19 a16z Podcast | Software and Overcoming the Randomness of Birthplace

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