'America will become a renter nation': Grant Cardone warns the US could see 100-year mortgages — says we might even rent our clothes

return2ozma@lemmy.world to News@lemmy.world – 325 points –
'America will become a renter nation': Grant Cardone warns the US could see 100-year mortgages — says we might even rent our clothes. How to buy real estate without going deep into debt
finance.yahoo.com
174

You are viewing a single comment

This generation failed to appreciate the value of ownership,

This is the dumbest take of the day. And it isn't even 9am.

Stagnant/low wages, price hikes, wealth being funnelled up the chain, and more and more red tape attached to every transaction are the problem. Not people who don't want to own. Get your head out of your ass.

Hey genius, what do you think causes wealth to funnel up the chain?

It sure as fuck isn't an aversion to ownership.

Really? You think renting has nothing to do with it?

I mean, I guess that's probably why you're bad with money 🤷

hah!

I will never tire of people who think they know me based on my empathy for those who are worse off.

I don't rent. And I support myself, my wife, and two other families. THAT is why I'm bad with money. Empathy...

Statistically speaking - I probably pay more in tax than the average person makes in a year. And I am happy to do so in order to help fund the safety nets that are important to the rest of the country.

Wanna take another swing, champ?

[Edit: Removed unnecessary insulting term "moron"]

So you admit people who are proud of renting are bad with money?

If you got that out of what I typed then I probably should have left the word moron in the previous reply.

Take a hike. I won't reply again, but if you want to spew some more idiocy here I will read it and even upvote you so you can get the little dopamine hit you obviously need.

Why even mention that you don't rent in response to you being bad with money?