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E57: Understanding Omicron, tech stocks plummet, VC's great resignation, Jack Dorsey's departure
All-In with Chamath, Jason, Sacks & Friedberg
The Indulgence of Mortgages
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I think it kicks in in january. And essentially allows us home owners to have a million dollar mortgage and have it essentially be conforming. I think that people will spend that money. If we do see more people participating as employees or employment, well then thereould be some competition for less competition for labor. The one thing i think that could help unwind this andything about some of the indigestion is starting to work its way through the system. It's very difficult to buy these nelong, dated businesses promising huge casuals in the future.
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