Pivot Dow is Up, Santos is Out, and Guest Sixto Cancel
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Dec 5, 2023 Sixto Cancel, the CEO and founder of Think of Us, is on a mission to revolutionize the child welfare system, drawing from his personal experiences in foster care. He discusses the intersection of technology and social reform, highlighting the need for better data and innovative care models. The conversation also touches on significant political shifts, like George Santos' expulsion from Congress, and the challenges of homeownership faced by younger generations amidst rising prices. It's a blend of humor and serious discourse on foster youth well-being.
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Housing Affordability Crisis
- Rising mortgage rates and home prices make homeownership less affordable, impacting younger generations.
- This contributes to economic discontent among voters, despite positive overall economic indicators.
First Home Purchase
- Scott Galloway bought his first house as a commitment to his partner, highlighting the emotional aspect of homeownership.
- He emphasizes the psychological and financial benefits of owning a home, including forced savings and wealth building.
Early Real Estate Investments
- Kara Swisher bought her first apartment with inheritance money after a grandparent's death.
- She and Scott Galloway discuss how high interest rates once were, reminiscing about past market conditions.