China's Real Estate Troubles // Real Tax Rate for The Wealthy // Best Friends Buying Houses - 10/11 (Hour 2)

(2:15) - Although the Evergrande situation has been grabbing headlines recently, the real estate market in China as a whole has fallen on tough times. Trillions of dollars in debt are causing sticky situations throughout the country. (13:23) - A Biden Administration analysis of the 400 wealthiest households in the country found that the average tax rate for those households was at 8.2% from 2010 to 2018. However, the metric used for the study was a bit wonky.(22:10) - A recent trend in real estate has been Millennial best friends- and not couples -purchasing houses together. The guys give their thoughts on why this is an idea that should not be entertained.(36:36) - Stack roulette.