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America's Ponzi Scheme: Unaffordable Housing

America's Ponzi Scheme: Unaffordable Housing

Released Monday, 26th June 2023
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America's Ponzi Scheme: Unaffordable Housing

America's Ponzi Scheme: Unaffordable Housing

America's Ponzi Scheme: Unaffordable Housing

America's Ponzi Scheme: Unaffordable Housing

Monday, 26th June 2023
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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:

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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