Moment View

$20,000 to Look Hot

It's true.

August 30, 201932:19Jason
32:19/0:00
Scrub the kinetic waveform to jump through the episode.
7
Transcript window
Transcript Window

Context stack

Nearby lines for local context around the selected quote.
David31:35
Hold on, let me explain. Let me explain. Let me, let me just like, let me bring people in. Jason goes to tennis club where it costs $20,000. To be a member, which is ridiculous. But here's the catch. It's basically like buying a house. So you're buying into t…
Jason32:02
Except you don't make any money.
David32:03
Well, you could. If the price of the club goes up, then you could sell it for higher than you bought in for. So Jason, you were telling me like 30, 40, 50 years ago, the membership was like $4,000, right? Yeah. And now it's at $20,000.
Jason32:19
It's true.
David32:19
So those people would, I mean, realistically be making $16,000 if they sold their membership.
Jason32:24
True.
David32:25
But it's a really nice club. It's at the top of Mulholland, which is like the nicest street in all of LA for views.