So this is cost of renting a similar home.

He still has it.

That amount times 52 weeks, i.e. weeks per year

It happened in many places around the Caribbean.

And I was part of that.

The majority of his income goes to pay his rent.

I've leased it from the government and during the last five years,

You know that rental place on Boilston?

I'm looking for an apartment to rent.

How did you manage?

Milton Friedman prioritized a lean, free market economy.

Well, I was without income for ten years,

Ok, this is your rental agreement in English.

No, no, no. Mr. Pfeiffer wants you to keep that.

How much?

I didn't have any income from farm produce.

I normally rent the place out and double my money, but, uh,

Viktor Frankl was a German psychiatrist who'd spent five years in a Nazi concentration camp.

I want to rent this room to a student.

For instance, here in Atlanta, about half of households make between 20,000 and 50,000 a year, and they are spending 29 percent of their income on housing and 32 percent on transportation.

You get six months' pay in your pocket with health insurance for two years.

It's not just a feeling and you're not alone.

Whatever you think, probably the inflation rate.

But they had hustled to feed their kids and pay their rent.

Some people, they'll make some set of assumptions and say, ah ha!

You can make it only step up every year.

They will say People power will work only if the regime is not too oppressive.

UPS, and FedEx, and Postal Service.

I used to loan it to him every once in a while, you know, when he wanted to go fishing.

Last year my income was about five million yen.

(Laughter) (Applause)

You don't know.

Your income is about twice as large as mine is.

Worrying about bills or the rent or the Super Bowl.

These are the things that are going to drive the model, and tell us whether over and I calculated over 10 years whether we will do better renting versus buying.

Now my income is twice what it was two years ago.

Your income is about twice as large as mine.

If I'm lending money to someone for a month versus

Can you pay for the drinks and let's go?

Room for rent.

His income is larger than that of his wife.

Now your other option is, you could lock it in.

Our rent is four times as much as it was ten years ago.

Because we paid for a year?

They must have had a good income, for that time.