Episode of My First Million with Sam Parr and Shaan Puri.
Transcript
Note: This transcript was auto-generated from YouTube captions. It may contain errors and lacks speaker identification. A full Gemini audio transcript will replace this.
Kind: captions Language: en like is this gonna be the end of San Francisco being like the place and what’s what’s what’s a with the world like in Austin right now the crazy everything’s crazy I don’t think it’s as bad as San Francisco but the world is crazy I I decided to we got a new office down here and so I’ve rented a house to see everyone and it’s cool Austin’s a great city what do you think is gonna happen to San Francisco do you think it’s gonna like is this gonna be the end of San Francisco being like the place I think so yeah I think so for a couple reasons we you know right now I’m selling my house yeah so say your your house looks different you’re decorating it to sell aren’t you yeah I’m trying to sell my house right now so it’s about to go up for sale and I’m trying to move to the suburbs of the Bay Area but and so right now because I’m doing that I’m in the middle of the market and listening to people and scurrying you know what are they what’s it like I’m Mike is the market hot to sell am I gonna get a good price when I try to go look for something else is there a lot of stuff available or is it a bidding war and you know just like you would expect there’s sort of a you know a flight to the flight to space right now and not like the SpaceX kind I’m talking about like physical house space people need urbanization yeah do religions people are leaving cities they’re leaving San Francisco for sure so a lot of people were in San Francisco or here because of the career opportunities and now that the tech companies are saying you know either we are already remote or we’re going remote or way more remote friendly and your work from home for the summer foreseeable future here there’s basically no the premium the extreme premium I mean like one bedroom for four grand a month two bedrooms six grand a month you know type of rents to be in the city and so like you know when a when a studio condo is a million dollars in the city you know if you don’t have to pay that you’re not going to and so people want space people want more affordability and people want to be away from like a whole bunch of other people from this virus and so that is driving a lot of people out of the cities now some people say oh that’s just temporary personally I don’t think so I think you can put the genie back in the bottle once the companies start letting you be removed and it doesn’t matter where you’re physically located why would you live in a more expensive area only if that lifestyle really appeals to you which it will for like twenty something year olds right to be in cities but right now you get the twenty something year olds and the 30 something year olds because the 30 something year olds are there for their career and that’s gonna go away I feel like I’ve been in Austin for a week now I’m I’m gonna stay for another week maybe I’ll stay one more week down here it is definitely happier like the way of life like it for me and for many others I understand why you’d happier here like dude money a house I got I got a pool I’m like a swimming pool like what is this this is amazing that makes me happy just looking at the swimming pool I like it too my thing though is I miss San Francisco I want to come back I do miss a little bit of a struggle I also miss the people I hate the people and a dangerous San Francisco has like actual you know real problems with crime and homelessness and stuff like that I don’t think anybody wants that and where they’re living it I think you know there’s part of it that’s the energy of the city I love being in New York I love being at fdisk I’m around all these energizing interesting ambitious people a bunch of single people but then there’s just like crime and homelessness and like extreme expenses that put a burden on you and I think that’s nobody likes that I almost feel like not a real way but just because I can’t think of a better word a little homeless where I’m like well where the is my place now like where’s my like you know yeah you and I we’re not quite similar you’ve done it more than I have but me too and a lesser extent I’ve lived in many different cities and I finally felt like I had a home in San Francisco and now I’m like like it’s wait like damn it’s way different and so I’m I’m pretty sad about it to be honest like I’ve been like depressed over it I’m also sad obviously about all the other shit’s going on you [Music] [Applause]