• America's Ponzi Scheme: Unaffordable Housing

  • Jun 26 2023
  • Duración: 24 m
  • Podcast

America's Ponzi Scheme: Unaffordable Housing  Por  arte de portada

America's Ponzi Scheme: Unaffordable Housing

  • Resumen

  • What happens when homes are unaffordable for all? "Critics describe homeownership as a Ponzi scheme, 'a massive up-front transfer of wealth from younger people to older people, on the implicit promise that when those young people become old, there will be new young people willing to give them money.' - The Case Against Homeownership (https://twitter.com/TheMarcusGarret/status/1673023720263131143?s=20). 

    Tom Brickman--who retired at age 39 thanks to his investments in real estate--joins me this week to talk about the pros and cons of renting and owning. Follow him on Twitter https://twitter.com/Thefrugalgay11 

    Mentioned On This Episode:

    • Download your Ultimate Personal Finance Bundle - everything they should have taught you about money in school (but didn't) https://courses.personalfinanceclub.com/bundles/the-ultimate-personal-finance-bundle?ref=a54b9b

    For a shoutout on a future episode, leave your voicemails at https://www.speakpipe.com/TheMarcusGarrett - has housing become unaffordable for you - why or why not?

    Life After Debt weekly community newsletter is TIME Magazine's Personal Finance Newsletter to Subscribe to in 2023! Read more and click to sign-up at https://time.com/personal-finance/article/personal-finance-newsletters

     

     

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