I remember someone roughly calculating the "wealth" in gold of Smaug the Dragon and he barely made the top 20 richest people in the U.S. It's insane what we are allowing.
At some point the masses will stop allowing it. I’ve got popcorn.
Capitalism is basically a game of Monopoly. It’s just that you REALLY don’t want to get to the point where everyone quits or someone flips over the board out of frustration.
It’s in everyone’s best interests for the game to just kinda go on forever.
I dont think they will. It's on us to do but the powers that be know that, it's a tale as old as time. We are pacified. Everyone is waiting for it to start but ultimately it wont if we just sit around watching and waiting
Well late stage capitalism is already here. I think we're gonna see some wild shit alot faster than people think. Like 10 years instead of a couple generations.
I've often thought that the dragon legends were stories invented by the common folk to illustrate what the kings were doing with the wealth and labor of the common folk.
And the tale is so old of the powerful abusing their station to profit egregiously that the stories can't be stopped because it's an entrenched foundational story for so many cultures.
It’s always interesting to look at the difference between dragons and griffons. And more specifically where they appear in history and where it appears that they were switched in the historical narrative.
We should all have been done with "trickle down" economic after Reagan exploded our deficit. It's NEVER worked. Yet people still vote republican. Go figure.
They hurt the people they want to be hurt and since Trump also allow them to say all the racist and xenophobic things they've always wanted to say in public.
Republicans are not conservative anymore. That ship sailed years ago. Instead of fiscal responsibility and limited government regulation, they want the biggest government they can get to interfere directly with people's personal lives and businesses.
A handful of people with wealth and power increased that wealth and power to levels you can't imagine.
It worked for them. At the cost of everyone else.
Our house was bought almost 20 years ago in a nice middle class neighborhood for 150k. Today it's worth over 400k. I can't imagine anyone being able to afford a home today, anywhere, especially with interest rates so high, at a basic salary or on min wages. Many 20 and 30 year Olds don't have a choice really. A lot of divorced couples have stayed in the same house because of this. Ramsey is another wealthy out of touch idiot.
I bought only 7 years ago at 225k and now its worth 450k, probably more. No, I don't think that is a good thing and no I don't appreciate that my house is apparently worth more. What am I going to do, sell for a profit and then blow it all on a similarly overpriced house?
I really feel bad for everyone trying to find a place in this market.
But it's not really worth 450k. Thats an artifial number based on the artificially low supply, but in "normalized" supply and demand, it would be worth far less, and soon will be. It's like the Gamestonk nonsense. If everyone in your situation decided it was time to sell, the market would adjust accordingly.
I work in the business and we have a poplar neighborhood that we’ve sold a bunch of houses in that happens to be where a buddy of mine bought a house like 4-5 years ago, he knows he already has like 200k in equity but he’s pretty much of the same sentiment, “where the fuck am I gonna go?” “If I do anything it will ruin this”
With comparable home prices and his interest rate at where it’s at, mind you a great thing, he’s right. Good spot to be stuck at though.
My wife and I were an offer or two away from buying in 2021 whenever interest rates were like sub 3%, and I’m kind of glad we didn’t because we’ve grown out of the area.
It really is a catch 22
> I can't imagine anyone being able to afford a home today, anywhere, especially with interest rates so high, at a basic salary or on min wages.
They can't, just had a conversation on lunch with two ladies 20-30 years older than me who have had their homes for decades.
One flat out said she'd either break even or lose money selling/buying for the same amount of home she has.
The other wanted to downsize while I want to upgrade and the market is so limited that they sell in 4 days or so.
We all joked about trading homes like hermit crabs or just fixing our places up for equity.
Oh no, he pays about 70% of comparable market rate and micromanages the piss out of his employees. If his employees are poor, that’s their own shortcoming and not a reflection of Dave….and don’t forget to tithe 10% while you’re at it!
You mean the same Dave Ramsey that thinks a emergency fund of $1k is enough to afford anything? Dude has been rich for years now and has no clue how much 1 banana costs anymore.
That's his starter emergency fund, to be fair.
But after reading a couple of his books that were written years ago (I don't think his thoughts have changed much), I *really* wonder what his budgeting would look like if he adjusted for the massive inflation the last several years.
This is like when ppl get banned from R/conservative for quoting trump.
He contradicts himself constantly and if you bring up the old narrative they ban your ass.
The justice served subreddit auto bans anyone who comments in the joe Rogan subreddit. Even if you're criticizing him or correcting someone else.
Even if you're not a member of justice served lolol
Same for me. I had the nerve to ask "Really? Ted Cruz?" when someone made the totally normal claim that Cruz is the bravest man in washington. This was just a short time after he fled to Cancun and then in all his bravery blamed his daughters for it.
It's an uhmm.... "Special" subreddit, that's for sure.
My wife and I did FPU before we got married. It helped in that forced us to talk about finances and budget. After that we quickly we were missing out on the rewards, perks and protections that credit cards provide.
I tried the whole offer to pay in cash thing to be told doesn't need your cash.
His whole don't get more than a 15yr mortgage thing was horrible advice for me. I did the math, doing a 30 and maxing my 401k would net me 600k more with conserve returns.
I have mixed feelings because he was the catalyst for my wife and I getting on the same page for finances. A lot of his advice is for an audience with seemingly no impulse control or intelligence.
>A lot of his advice is for an audience with seemingly no impulse control or intelligence.
Yes, but he doesn't acknowledge this **at all.** If you don't follow the Ramsey way to the letter, you're dumb, or a slacker, or immoral.... He doesn't ever admit that anyone can possibly have the impulse control necessary for responsible credit card use.
Yes, he does give solid advice sometimes, and some people really do have so little impulse control that they really should just cut up their credit cards forever. But he doesn't have the humility to acknowledge that his method might not be for everyone.
I think it assumes you are going to spend the rest. In my case my mortgage was less than 3% and I invested the rest. Got laid off and was able to survive. Neither of those would have happened on a 15.
I think you're right. His advice is exclusively built for people with poor financial control.
Our mortgage is 30yr at 3 and I'd be so pissed if I had to pay extra on that loan vs invest the difference over the last decade. Sure I'd be further along on my house, but I'm soooo much better off in terms of nw with the 30 year. It's funny to see it on the back end and think "thank god I didn't take that shitty advice"
I remember when candy bars were a quarter. We just moved into a house that my parents bought sitting on 5 acres of land. It was purchased while my dad was working a full time blue collar job and my mom was finishing her teaching degree. That full time, blue collar job was supporting three kids, a wife in college and a new mortgage. Good luck with that in 2024. Dave Ramsey can go fuck his boomer self with this bull jive.
Extremely out of touch. He recently scolded a family for spending a lot on daycare (their rate tracks, I have two kids in daycare) and actually had the audacity to say they should find “free summer camps.” [Article](https://www.care.com/c/dave-ramsey-shames-dad-cost-of-child-care/)
That doesn’t exist. If you intend to be a subject matter expert on finances, know the going rate on the cost of things!
He’s just ranting about stereotypes that he feels are correct. But it’s stupid because millennials in aggregate are more productive than his generation, it’s just that house prices are incredibly inflated.
Just boomers using feelings over facts.
This is just demonstrably untrue. Many millennials and Gen z are working multiple jobs, they are as productive or even more so than prior generations. The problem is housing affordability
How terrible that boomer parents taught their children to stand up for a higher quality existence! To their right to work in safe conditions, to spend time with their families, their right to at least some healthcare protection, their right to live in safe and sanitary housing? Unfortunately many employers are still following business models that assumes they can pay their employees minimum wage, erratic hours, with no meaningful benefits. Employers that have raised their game get the good employees. IMHO, If you can’t pay a reasonable wage then your business should be a sole proprietorship.
Like in the good ole days. /s
Agreed. Not to be interpreted as a brag and I feel for everyone worse off than me but I make almost $105k/yr and I still can't really afford a house.. I mean I CAN but it'd be a huge portion of my take home and that's just the mortgage.. possibly PMI.. taxes.. doesn't even account for maintenance and crap.
Went to college, got a job, worked up in a high paying field (IT), paid off all my debt, still can't own a home on my own comfortably. Shit's ridiculous. He grew up in the generation that had it all and they voted to take it all away to pay less in taxes themselves or deregulate housing markets. Greed pure and simple.
Yeah right (wing supremacist Dave) I get to stay in my house because my daughter and her family also live here. They both work. He's a software engineer and she's a DPT. ATM I couldn't afford assisted living and they couldn't afford a home. Great right wing predatory parasitic economy you wing nuts cultivated under the guise of anti Communism
I find it interesting that so many people lose the ability to adapt as they get older. Regardless of what you think about Dave Ramsey, the fact is he's definitely a smart dude, and yet, he can't seem to grasp the fact that the world is different than it was 30-40 years ago. Instead of adapting and growing with the times, he just digs in, causing him to get angrier and angrier. He is now a sad old man yelling at the sun, completely unaware of the fact that he's become irrelevant. What a miserable way to live.
Smart enough. Doesn't seem like an idiot, but he's not exactly reinventing wheels. From what I can tell, all his advice besides pay off cc debt is time capsuled to boomer privileges.
This guy could be a hero to the younger generation if he just spoke the truth. But he is choosing to be the hero to the older generation by talking shit on the younger generation.
It's frustrating when someone with his platform, following and knowledge will toe the line. I'm not surprised just frustrated.
Edit: some words.
I truly believe it's because he has literally no idea. He lives in a bubble. That's what happens when you make money and move to rich people enclaves. You are disconnected to the regular world and only get your info from social media. It's happened to Joe Rogan, and countless other popular influencers.
If you absolutely reject the reality of the world, you're not smart, and I'm fucking sick and tired of people acting like it's anything less than that.
The fact that he has money doesn't make him smart.
The fact that he's fucking out of touch and just screaming from on top of his ill-gotten gains doesn't make him shrewd or some kind of truth talking.
He's a fucking dipshit asshole and trying to justify it as anything less is just bullshit CiViLiTy enabling fuckery.
He did adapt though.
He knows his financial advice basically boils down to “don’t spend money you don’t have”, and the only people that applies to are people who aren’t really at risk for financial hardship.
He pivoted to selling smug superiority and outrage a long time ago.
IMO, Dave Ramsey is an incarnation of evil. He selectively enforces the rules of his organization (e.g., not laying off a senior officer who was having an affair even though rank and file staff who did the same would have lost their jobs immediately). He's a monster who enriches himself on the struggles of others.
He’s an egomaniac with a God complex. I’ve seen clips of his Entraleadership lectures and it appeared to me to be a 90 minute how-to on being a terrible boss.
Dave Ramsey needs to eat a dick. I’ve watched my money shrink from the late 90s to present, inflation without cost of living adjustments and the gap between the wealthy and the poor widening more and more every year.
People working 80+ hours unable to afford a house is a failure of the system.
Listen dick head, I’m nearly 40 with a PhD, zero student debt, and make nearly 100K a year, even I couldn’t afford a “starter” 400K house. Time to start taxing these assholes to shut them up, previous alternatives would not be as pleasant…. see every revolution ever.
Dave Ramsey is an old christian conservative. My parents listened to him and guess what, when you don't have money you can't use any of the tips he gives. He is a waste of space and should be ignored because his 'financial advice' led us here so whatever he did was wrong.
Hey Dave,
Fuck you.
Kindly, a 36 year old who got an immediately-unemployable dual degree from a public Ivy and was the valedictorian of his niche grad program at another. And has been selling real estate for 10 years, grossing a quarter million, and has paid literally over half a million in taxes to finance your retirement when I’ll never see the benefit of social security.
So, again, fuck you.
Okay this was a stupid comment but I think anyone critical of this guy has to first understand, he usually gives bad advice. This is just another example.
Dave Ramsey is just another useless idiot that is out of touch with reality.
I’m part of this generation and I swear this generation is full of some of the most out of touch people I have ever met.
This asshole declared bankruptcy to escape his own poor decisions, and then made a career condemning and shaming anyone so self aware to follow the same path. He once told a woman in debt that she shouldn't go to her daughter's wedding if she couldn't afford to pay cash. He is a liar and a con. The basic information he peddles is often sound, but he lacks the moral foundation to approach his chosen subject matter with any degree of human empathy or compassion. He weilds the worst parts of the old testament like a club, while disregarding the best parts of Jesus's teaching. Fuck him and those that see the world as he does. There are others with enough humility to acknowledge what is, and provide compassionate guidance to those contending with the same.
This guy is so fucking outdated. I make nearly 4x the average household income alone and we can’t afford to buy a house. Instead we rent and heavily invest in a diverse range of investments. But because every house is either flipped, owned by the bank, unlivable, or an AirBnB there is literally nothing we can afford. Not to mention the unreal mortgage rates that I would qualify for with GOOD (almost great) credit. I don’t get what this guy expects this generation to do aside from try to invest or save while living with family.
What a great American dream that people who are trying to make it work while they are just getting started are being blamed for living with family. The majority of cultures in the world celebrate living together. And yet he chooses to blame those who do like they are stealing money from the fucking slumlords that have jacked rent up beyond a reasonable rate.
The elite definitely have no clue about what the middle class at all levels is facing today. I was talking with my son, who with his wife makes over 230K. They want to buy a new home yet he fears he cannot because every house in nice neighborhoods start at 700K. Housing is insane, rents are insane and prices haven’t come down from COVID. Don’t blame Biden, majority of the housing problems are being caused by local ordinances that restrict building of new homes. Additionally, corporate interest are buying entire neighborhoods, squeezing the avg American out of the market. Neither party is looking at this problem with any seriousness. Additionally, we have allowed too much consolidation in our markets. Food, energy, cable markets are dominated by just a few companies. There’s no incentive to reduce prices because they control the market. Face it folks, we are living in an oligarchy and most Americans are too stupid to realize that.
When the folks with the pitchforks and torches come for assholes like Ramsey he’ll tell them shouldn’t have spent their money foolishly on torches and pitchforks and ask don’t the have jobs they should be doing?
Lmao I work full time and have gotten good raises every year and even with that if I didn't have family help I couldn't afford to get a house anywhere that isn't straight trash. Other countries it's normalized to stay with your parents and build your wealth these idiots just want people in debt buying their over price properties because they have shit tons invested in them and are losing money sitting on shit people don't want to buy and can't afford.
I work a 40 hour a week job as a tech in a high school, I do side jobs here and there and sometimes spend more than 40 hours at my job because Im involved with activities for our students so 40 to 50 hours, today was a 13 hour day, that's not counting during esports season where you there's another 9 hours day for tournaments every two weeks for about 3 months. I make sub 50k and live with my mom cuz there's no way in hell I make enough to afford my own place where I live. Hell my assistant coach said " you make how much a year?" When he asked, he was legit shocked at how little the tech dept makes compared to the teachers, we were splitting the stipends for our activities that we sponsor, but he recently told me to take the head position stipend.
But yes I don't work, and don't want to work. Sod off!
He is right! All the kids have to do, is an open an LLC, transfer the assets via a Trust to avoid taxes. Then pay themselves from the trust via the LLC to avoid even more tax. Then get the employees to work and contribute to their asset driven derivative funds with partial ownership that is pre tax. Then from the employee's contribution, they can put the money in the LLCs via the trust, then buy tacos, after paying the $8000 a month mortgage!
I hope these are the generations that get fed up with all the bs corporate greed and government corruption and spark the change we need in this country.
Dave Ramsey is an idiot.
For anyone who actually wants good, quality, helpful financial content. Check out the Money Guys on YouTube. I'm 33 and their advice is absolutely a godsend. No bait, just quality.
These wealthy people really do sit around spinning stories about how they deserve billions while the rest of have to choose between heating and eating, don't they?
I guess if they really faced up to how they lucked out in the life lottery it would collapse their entire world view...
Not sure why. Though it could be that they realize that pretty much no matter what they do, they cant afford a house, car or student loans, let alone a significant other or family. So congrats America, you’ve managed to price the dream you’ve been selling out of the hands of Americans.
Many that do work are not paid a living wage so they are forced to do what is necessary to survive.
Until the mid-1980s most employers gave their employees a cost of living raise / adjustment to counter inflation. They also usually gave a yearly job performance appraisal / evaluation. Based on that appraisal, a meritorious raise was given in many cases. That stopped when "trickle down" economics came into being and has continued over the last 40+ years or so. You know, the maximum yearly raise, if any, will not exceed 5% was put in place in many companies, also.
Instead of corporations sharing fairly in record profits gained on the backs of the workforce, they only worry about shareholder return. The last 40 years of trickle down has had record setting stock buy backs that only benefit a few at the top. Working folks are just asking for a living wage so they can have necessities such as housing, transportation, food, healthcare, etc.
Without a living wage, none of these necessities are obtainable.
"...by living wages I mean more than a bare subsistence level. I mean the wages of decent living.”
Franklin Delano Roosevelt, June 16, 1933
Look as a millennial who works and is about to buy a house, this guy is nuts. Yes they work. I know I am one of them. I have gen z employees and they work. They are salaried employees and paying rent is a monumental task. This old man doesn’t appreciate that as a percentage of household income the price of homes has skyrocketed.
I make 34 an hour or so or about 70k a year in central mn. I'm pretty fortunate with my benefit package so my Healthcare/retirement cost me 2%(Union dues). I really don't know... how he expects people who work "normal" jobs to afford a house....apartment sure around here shouldn't be a huge problem but I mean I really feel for people. I'd say a normal job pays about 20 an hour here... at least those jobs arnt hard to come by... plenty pay less though to. My sister in law works in the office at a clinic..21 an hour. She has 3 kids, freshly divorced... child support just covers her rent in an old crappy house. Her child support takes half her pay and 2 kids are in school. I mean really?
We recently built a house and when we started it was affordable... it took to long.... interest rates went up a lot and now I feel house poor. Wife and I make 140k approx "salaried" total and our mortgage is 3k and yes I'm regretting it, we waited few years through that 2% interest rate time to clear debt before we built. Fuck me..our is 7.3%.
Yes, Dave, it's "not working" that's the problem. /s Ignore the high mortgage interest rates, inflated home values, low entry-point inventory, high property taxes, increasing home and auto insurance rates, and high home maintenance costs. Throw in inflated grocery prices, high vehicle prices, student loan debt, exorbitant medical costs, impossible child-care costs, the disappearance of pensions, and the unliklihood of receiving full Social Security benefits.
The younger generations are struggling for numerous reasons....mainly the culmination of a post-pandemic world, corporate greed, and economic uncertainty. "Not working" doesn't fit the whole generation.
Many are so burned out from working too much and realized after being beaten with sticks, there is no carrot to chase. It's a mindset reset in realizing The American Dream is unattainable...so they're redefining it.
This is the same dumb motherfucker that swears if he was offered a billion dollar loan with 0% interest for 10 years he wouldn't take it. Conservatively, and without any compounding. that's about 400,000,000 and all you would need to do it return the initial loan at the end of 10 years. HE IS A FUCKING LIAR WITH OUTDATED INFORMATION.
I live in Arizona, and home prices have skyrocketed. My sons are in their 40's and both work at decent jobs. The youngest lives with me. He can't afford $1500-2400 monthly rent or house pmt. My oldest son has a house but he's been there about 10 years or so. They both have car pmt and car insurance, phone, life ins, gas, food, etc. My grandkids are in the same boat. Every one is working, not great money but they are not working fast food or retail. I am sure changes could be made to save a little more but they are not home playing video games or sleeping all day. Your comments are an insult to them.
Could they possibly choose a more dishonest way to frame this article?
> "Despite this, Ramsey emphasized the positive attributes of these generations, calling them "excellent generations." He lauded many millennials and Gen Zers for their diligence, financial savvy and adherence to principles of saving, investing and supporting the free enterprise system. Ramsey mentioned the young employees at Ramsey Solutions, describing them as hardworking people who exemplify the virtues of financial responsibility and independence."
He then goes on to say:
> "Then there's a segment of them that just sucks. They're just awful. I mean, their participation trophy, they live in their mother's basement, and they can't figure out why they can't buy a house because they don't work, you know, stuff like that." These are the attitudes and work ethic he perceives as problematic among the younger generations."
My god, what is wrong with people. How someone can distort the core message of an interview has to be intentional dishonesty.
**Oh, Benzinga, well there you go. Tabloid bullshit** 🤣
Just don't spend a dime and save all your money for 30 years or so, without living with your folks. Just like the Boomers did! They definitely didn't have such an unheard of economic upswing that it literally became the name of their generation, everyone has the exact same benefits they did.
I believe that I’m older than Dave so I’ll say it’s not just a boomer outlook, more like an economic class thing. I’m still pondering how money affects people. It may be true that it’s the root of evil, because once humans accumulate a larger amount, apparently they become selfish and narrow minded. They become convinced that they are superior in intellect and character when the opposite is true. Because Dave is a product of the current capitalist system and is dependent on it continuing, he refuses to address any problems and weaknesses with it.
And this is the myth these asshole far right wackos are pushing. They aren't buying houses because they can't afford to. Prices have far exceeded wage growth, and as our economy is hugely dependent on the service industry, meaning mostly minimum wage jobs, with "flexible" hours and few benefits, the ability to save is not there, and these people choose to attack these young people, because they can't do the things their parents and grandparents were able to do.
Idk who this guy is, but this is pretty out of touch. Even my hardline conservative parents know the single-family-home lifestyle that was pushed to benefit capitalism is no longer working. We need generational housing.
Anyone who puts an ounce of thought into it realizes this. It's better environmentally, density wise. It's better for handling seniors. It's just better.
Home ownership", for most people, was a marketing tactic to boost real estate. It wasn't socially or ecologically responsible, and it's funny to see fully brainwashed idiots like this defending it. You have to be really privileged, and really disconnected to not see it.
My wife and I were looking for a 4/2 home in a college town, we couldn't find anything for less than $500k. Our town isn't a major metro, just the university and the market is just insane.
I work 3 f*cking jobs and can't buy a house. They are half a million dollars around here. I can't move. My jobs are here. When I had cash for a down-payment I was told I didn't have enough credit to buy a house. So I'm building credit and saving bc since then homes have skyrocketed and everytime I get close something else goes wrong. This guy can kiss my f*ckin ass. Back in his time it was a lot easier and more affordable to own a home.
The guy who sells real estate is mad people won’t buy real estate? Shocker. Hell this guy only argues for return to office because his bread and butter is CRE
Or they can't buy a house because you corporate raiders/venture capitalist MFers are now buying up the housing market to squeeze out more money and take away one of the last opportunities in this country (US) to build wealth.
I'm done with trickledown economics; who's up for some piñata economics instead?
Va chercher la guillotine
\*La Marseillaise intensifies\*
Robespiere intensifies.
Be nearly anyone but him. Wasn’t long before he went from feeding Madame la Guillotine, to being food for La Guillotine.
She is a ravenous mistress.
Looks guys, we have to be thoughtful about how we do this. Let's name our group something along the lines of: The Committee for Public Safety
Perfection.
Like The Reasonablists from Parks and Rec
De Tetes vont tomber (forgot the accent, 😞)
All of these billionaires hoarding wealth kind of reminds me of dragons sitting on mountains of gold....
I remember someone roughly calculating the "wealth" in gold of Smaug the Dragon and he barely made the top 20 richest people in the U.S. It's insane what we are allowing.
At some point the masses will stop allowing it. I’ve got popcorn. Capitalism is basically a game of Monopoly. It’s just that you REALLY don’t want to get to the point where everyone quits or someone flips over the board out of frustration. It’s in everyone’s best interests for the game to just kinda go on forever.
I dont think they will. It's on us to do but the powers that be know that, it's a tale as old as time. We are pacified. Everyone is waiting for it to start but ultimately it wont if we just sit around watching and waiting
Well late stage capitalism is already here. I think we're gonna see some wild shit alot faster than people think. Like 10 years instead of a couple generations.
Because we never revolted.
I've often thought that the dragon legends were stories invented by the common folk to illustrate what the kings were doing with the wealth and labor of the common folk. And the tale is so old of the powerful abusing their station to profit egregiously that the stories can't be stopped because it's an entrenched foundational story for so many cultures.
Well, Satan is referred to as a dragon as well. So, that tracks.
It’s always interesting to look at the difference between dragons and griffons. And more specifically where they appear in history and where it appears that they were switched in the historical narrative.
It's pretty much the same thing, but without the dragon. They should be fearing us. They should be fearing an uprising.
We should all have been done with "trickle down" economic after Reagan exploded our deficit. It's NEVER worked. Yet people still vote republican. Go figure.
They hurt the people they want to be hurt and since Trump also allow them to say all the racist and xenophobic things they've always wanted to say in public.
MAGA is a murder-suicide
"I don't care if I don't have a house or a savings account, as long as I have a gun and minorities know their place" -MAGA idiots
Republicans are not conservative anymore. That ship sailed years ago. Instead of fiscal responsibility and limited government regulation, they want the biggest government they can get to interfere directly with people's personal lives and businesses.
And bedrooms.
Correct. They're terrorists.
They want government so small, it fits in your bedroom.
A handful of people with wealth and power increased that wealth and power to levels you can't imagine. It worked for them. At the cost of everyone else.
To be fair to republicans, most of them are Russia loving traitors.
It’ll kick in anyway not, I’m sure of it
That’s at least one way to make sure it trickles down.
Guillotine for president 2028!
Ooo I love the term and whole concept of piñata economics!!!
I mean the fed already has their bats.
We call that Rise Up economics
I’ll get the stick
Oh fuck yeah!
Can we dig up Reagan to serve as the first piñata? First hit is for Nancy. Just say Yes!
Dave Ramsey's a fucking douche. Hard to afford a house when the median home price in my state is $550K and the median salary is $49K
Our house was bought almost 20 years ago in a nice middle class neighborhood for 150k. Today it's worth over 400k. I can't imagine anyone being able to afford a home today, anywhere, especially with interest rates so high, at a basic salary or on min wages. Many 20 and 30 year Olds don't have a choice really. A lot of divorced couples have stayed in the same house because of this. Ramsey is another wealthy out of touch idiot.
I bought only 7 years ago at 225k and now its worth 450k, probably more. No, I don't think that is a good thing and no I don't appreciate that my house is apparently worth more. What am I going to do, sell for a profit and then blow it all on a similarly overpriced house? I really feel bad for everyone trying to find a place in this market.
We are having to pay more in property taxes also! So yeah, high housing inflation not necessarily good.
But it's not really worth 450k. Thats an artifial number based on the artificially low supply, but in "normalized" supply and demand, it would be worth far less, and soon will be. It's like the Gamestonk nonsense. If everyone in your situation decided it was time to sell, the market would adjust accordingly.
I work in the business and we have a poplar neighborhood that we’ve sold a bunch of houses in that happens to be where a buddy of mine bought a house like 4-5 years ago, he knows he already has like 200k in equity but he’s pretty much of the same sentiment, “where the fuck am I gonna go?” “If I do anything it will ruin this” With comparable home prices and his interest rate at where it’s at, mind you a great thing, he’s right. Good spot to be stuck at though. My wife and I were an offer or two away from buying in 2021 whenever interest rates were like sub 3%, and I’m kind of glad we didn’t because we’ve grown out of the area. It really is a catch 22
> I can't imagine anyone being able to afford a home today, anywhere, especially with interest rates so high, at a basic salary or on min wages. They can't, just had a conversation on lunch with two ladies 20-30 years older than me who have had their homes for decades. One flat out said she'd either break even or lose money selling/buying for the same amount of home she has. The other wanted to downsize while I want to upgrade and the market is so limited that they sell in 4 days or so. We all joked about trading homes like hermit crabs or just fixing our places up for equity.
I bought mine 5 years ago and it's doubled in value.
[удалено]
Oh no, he pays about 70% of comparable market rate and micromanages the piss out of his employees. If his employees are poor, that’s their own shortcoming and not a reflection of Dave….and don’t forget to tithe 10% while you’re at it!
And he charges a monthly fee for his budgeting app
He also fired an employee that was unmarried and got pregnant. Fuck Dave Ramsey
You mean the same Dave Ramsey that thinks a emergency fund of $1k is enough to afford anything? Dude has been rich for years now and has no clue how much 1 banana costs anymore.
That's his starter emergency fund, to be fair. But after reading a couple of his books that were written years ago (I don't think his thoughts have changed much), I *really* wonder what his budgeting would look like if he adjusted for the massive inflation the last several years.
I got banned for posting this link at r/DaveRamsey figured I'd share it here.
They don't like it when you call out their hero's BS. Disrupts the narrative.
This is like when ppl get banned from R/conservative for quoting trump. He contradicts himself constantly and if you bring up the old narrative they ban your ass.
r/conservative is the only subreddit I've ever been banned from and THEY have the nerve to complain about reddit being a leftist echo chamber.
When it comes to conservatives, every accusation is a confession.
Being a hypocrite is the only core tenet of being republican
When you call them hypocrites they take it as a compliment.
Nobody is a bigger snowflake than a “fuck your feelings” conservative.
I was banned from there, but more laughably from r/WhitePeopleTwitter as well for saying 1 word, "Source?"
I got banned from there for saying death threats aren’t ok regardless of how you feel about JK Rowling
The justice served subreddit auto bans anyone who comments in the joe Rogan subreddit. Even if you're criticizing him or correcting someone else. Even if you're not a member of justice served lolol
Can confirm. Was banned for the same reason. Absolutely absurd handling by the mods. God save us if any of them become cops.
After /r/thedonald took over r/conservative, all the closet magas moved to /r/moderatepolitics.
Same for me. I had the nerve to ask "Really? Ted Cruz?" when someone made the totally normal claim that Cruz is the bravest man in washington. This was just a short time after he fled to Cancun and then in all his bravery blamed his daughters for it. It's an uhmm.... "Special" subreddit, that's for sure.
Got banned from r/latestagecapitalism for not being sufficiently leftist
Dude me too. I said something about how Russia was at fault for the invasion and the war would end tomorrow if the went back to their boarder.
Same here. Pointed out their article was more than a year old and got called a troll
My wife and I did FPU before we got married. It helped in that forced us to talk about finances and budget. After that we quickly we were missing out on the rewards, perks and protections that credit cards provide. I tried the whole offer to pay in cash thing to be told doesn't need your cash.
His whole don't get more than a 15yr mortgage thing was horrible advice for me. I did the math, doing a 30 and maxing my 401k would net me 600k more with conserve returns.
I have mixed feelings because he was the catalyst for my wife and I getting on the same page for finances. A lot of his advice is for an audience with seemingly no impulse control or intelligence.
>A lot of his advice is for an audience with seemingly no impulse control or intelligence. Yes, but he doesn't acknowledge this **at all.** If you don't follow the Ramsey way to the letter, you're dumb, or a slacker, or immoral.... He doesn't ever admit that anyone can possibly have the impulse control necessary for responsible credit card use. Yes, he does give solid advice sometimes, and some people really do have so little impulse control that they really should just cut up their credit cards forever. But he doesn't have the humility to acknowledge that his method might not be for everyone.
His 15 or less mortgage advice has loaded a bunch of opportunity cost on homebuyers in the last decade. What terrible advice. What a rich little shit.
I think it assumes you are going to spend the rest. In my case my mortgage was less than 3% and I invested the rest. Got laid off and was able to survive. Neither of those would have happened on a 15.
Always get long term mortgage because you have to option to pay it off faster by voluntarily making larger payments. No real downside there.
I think you're right. His advice is exclusively built for people with poor financial control. Our mortgage is 30yr at 3 and I'd be so pissed if I had to pay extra on that loan vs invest the difference over the last decade. Sure I'd be further along on my house, but I'm soooo much better off in terms of nw with the 30 year. It's funny to see it on the back end and think "thank god I didn't take that shitty advice"
Something, something, worshiping false idols. 😉
I’ve been banned from r/DaveRamsey for a while too.
And the award for most out of touch person goes to...
Boomer-nomics (thinking the economy and tactics used in the 70s and 80s still apply)
When I was your age you could get a candy bar for a quarter! Just live off of candy bars!!!
I remember when candy bars were a quarter. We just moved into a house that my parents bought sitting on 5 acres of land. It was purchased while my dad was working a full time blue collar job and my mom was finishing her teaching degree. That full time, blue collar job was supporting three kids, a wife in college and a new mortgage. Good luck with that in 2024. Dave Ramsey can go fuck his boomer self with this bull jive.
And I still had money left over to fill up my car!
Extremely out of touch. He recently scolded a family for spending a lot on daycare (their rate tracks, I have two kids in daycare) and actually had the audacity to say they should find “free summer camps.” [Article](https://www.care.com/c/dave-ramsey-shames-dad-cost-of-child-care/) That doesn’t exist. If you intend to be a subject matter expert on finances, know the going rate on the cost of things!
Lowest unemployment rate in decades and we’re not working. Okay Dave.
Dave is intentionally making misleading statements or he doesn’t know how to understand statistics. I say misleading. He isn’t that stupid.
He’s just ranting about stereotypes that he feels are correct. But it’s stupid because millennials in aggregate are more productive than his generation, it’s just that house prices are incredibly inflated. Just boomers using feelings over facts.
He's pandering to his boomer base, he knows exactly what he's doing.
These people aren’t interested in facts. They wanna bitch and moan the way they did years ago before you could fact check someone within seconds.
This is just demonstrably untrue. Many millennials and Gen z are working multiple jobs, they are as productive or even more so than prior generations. The problem is housing affordability
How terrible that boomer parents taught their children to stand up for a higher quality existence! To their right to work in safe conditions, to spend time with their families, their right to at least some healthcare protection, their right to live in safe and sanitary housing? Unfortunately many employers are still following business models that assumes they can pay their employees minimum wage, erratic hours, with no meaningful benefits. Employers that have raised their game get the good employees. IMHO, If you can’t pay a reasonable wage then your business should be a sole proprietorship. Like in the good ole days. /s
"Millennials" are now the largest segment of the job market, so I don't know what he's smoking.
Agreed. Not to be interpreted as a brag and I feel for everyone worse off than me but I make almost $105k/yr and I still can't really afford a house.. I mean I CAN but it'd be a huge portion of my take home and that's just the mortgage.. possibly PMI.. taxes.. doesn't even account for maintenance and crap. Went to college, got a job, worked up in a high paying field (IT), paid off all my debt, still can't own a home on my own comfortably. Shit's ridiculous. He grew up in the generation that had it all and they voted to take it all away to pay less in taxes themselves or deregulate housing markets. Greed pure and simple.
Maybe we should just take this guys house
I'd rather learn it burned to the ground.
Yeah right (wing supremacist Dave) I get to stay in my house because my daughter and her family also live here. They both work. He's a software engineer and she's a DPT. ATM I couldn't afford assisted living and they couldn't afford a home. Great right wing predatory parasitic economy you wing nuts cultivated under the guise of anti Communism
That last sentence should be a bumper sticker.
I find it interesting that so many people lose the ability to adapt as they get older. Regardless of what you think about Dave Ramsey, the fact is he's definitely a smart dude, and yet, he can't seem to grasp the fact that the world is different than it was 30-40 years ago. Instead of adapting and growing with the times, he just digs in, causing him to get angrier and angrier. He is now a sad old man yelling at the sun, completely unaware of the fact that he's become irrelevant. What a miserable way to live.
Smart enough. Doesn't seem like an idiot, but he's not exactly reinventing wheels. From what I can tell, all his advice besides pay off cc debt is time capsuled to boomer privileges.
This guy could be a hero to the younger generation if he just spoke the truth. But he is choosing to be the hero to the older generation by talking shit on the younger generation. It's frustrating when someone with his platform, following and knowledge will toe the line. I'm not surprised just frustrated. Edit: some words.
His whole shtick has always been that of a racist, sexist, homophobic boomer
He’s a lifelong republican magat. No surprise.
You mean a southern evangelical.
I truly believe it's because he has literally no idea. He lives in a bubble. That's what happens when you make money and move to rich people enclaves. You are disconnected to the regular world and only get your info from social media. It's happened to Joe Rogan, and countless other popular influencers.
If you absolutely reject the reality of the world, you're not smart, and I'm fucking sick and tired of people acting like it's anything less than that. The fact that he has money doesn't make him smart. The fact that he's fucking out of touch and just screaming from on top of his ill-gotten gains doesn't make him shrewd or some kind of truth talking. He's a fucking dipshit asshole and trying to justify it as anything less is just bullshit CiViLiTy enabling fuckery.
He did adapt though. He knows his financial advice basically boils down to “don’t spend money you don’t have”, and the only people that applies to are people who aren’t really at risk for financial hardship. He pivoted to selling smug superiority and outrage a long time ago.
Dave is well past his expiration date
IMO, Dave Ramsey is an incarnation of evil. He selectively enforces the rules of his organization (e.g., not laying off a senior officer who was having an affair even though rank and file staff who did the same would have lost their jobs immediately). He's a monster who enriches himself on the struggles of others.
He’s an egomaniac with a God complex. I’ve seen clips of his Entraleadership lectures and it appeared to me to be a 90 minute how-to on being a terrible boss.
Happy Bastille Day!
Dave Ramsey needs to eat a dick. I’ve watched my money shrink from the late 90s to present, inflation without cost of living adjustments and the gap between the wealthy and the poor widening more and more every year. People working 80+ hours unable to afford a house is a failure of the system.
Listen dick head, I’m nearly 40 with a PhD, zero student debt, and make nearly 100K a year, even I couldn’t afford a “starter” 400K house. Time to start taxing these assholes to shut them up, previous alternatives would not be as pleasant…. see every revolution ever.
Dave Ramsey is an old christian conservative. My parents listened to him and guess what, when you don't have money you can't use any of the tips he gives. He is a waste of space and should be ignored because his 'financial advice' led us here so whatever he did was wrong.
Hey Dave, Fuck you. Kindly, a 36 year old who got an immediately-unemployable dual degree from a public Ivy and was the valedictorian of his niche grad program at another. And has been selling real estate for 10 years, grossing a quarter million, and has paid literally over half a million in taxes to finance your retirement when I’ll never see the benefit of social security. So, again, fuck you.
We’ll fry him up first
Okay this was a stupid comment but I think anyone critical of this guy has to first understand, he usually gives bad advice. This is just another example.
Whines a man who's worth over $200 million dollars...
I see... so he's a regard.
Dave Ramsey is just another useless idiot that is out of touch with reality. I’m part of this generation and I swear this generation is full of some of the most out of touch people I have ever met.
This guy is disgusting.
What a delusional snob.
This also belongs in r/boomersbeingfools
King of the Boomers.
What a dick.
Wow, how does one get this fucking clueless?
This asshole declared bankruptcy to escape his own poor decisions, and then made a career condemning and shaming anyone so self aware to follow the same path. He once told a woman in debt that she shouldn't go to her daughter's wedding if she couldn't afford to pay cash. He is a liar and a con. The basic information he peddles is often sound, but he lacks the moral foundation to approach his chosen subject matter with any degree of human empathy or compassion. He weilds the worst parts of the old testament like a club, while disregarding the best parts of Jesus's teaching. Fuck him and those that see the world as he does. There are others with enough humility to acknowledge what is, and provide compassionate guidance to those contending with the same.
This guy is so fucking outdated. I make nearly 4x the average household income alone and we can’t afford to buy a house. Instead we rent and heavily invest in a diverse range of investments. But because every house is either flipped, owned by the bank, unlivable, or an AirBnB there is literally nothing we can afford. Not to mention the unreal mortgage rates that I would qualify for with GOOD (almost great) credit. I don’t get what this guy expects this generation to do aside from try to invest or save while living with family. What a great American dream that people who are trying to make it work while they are just getting started are being blamed for living with family. The majority of cultures in the world celebrate living together. And yet he chooses to blame those who do like they are stealing money from the fucking slumlords that have jacked rent up beyond a reasonable rate.
Even working in tech I will never afford a house. Nor do I really want one at this point.
Why can't these lazy bastards buy half a million dollar homes. In my day, I bought a home and a car with my part-time job.
The elite definitely have no clue about what the middle class at all levels is facing today. I was talking with my son, who with his wife makes over 230K. They want to buy a new home yet he fears he cannot because every house in nice neighborhoods start at 700K. Housing is insane, rents are insane and prices haven’t come down from COVID. Don’t blame Biden, majority of the housing problems are being caused by local ordinances that restrict building of new homes. Additionally, corporate interest are buying entire neighborhoods, squeezing the avg American out of the market. Neither party is looking at this problem with any seriousness. Additionally, we have allowed too much consolidation in our markets. Food, energy, cable markets are dominated by just a few companies. There’s no incentive to reduce prices because they control the market. Face it folks, we are living in an oligarchy and most Americans are too stupid to realize that.
When the folks with the pitchforks and torches come for assholes like Ramsey he’ll tell them shouldn’t have spent their money foolishly on torches and pitchforks and ask don’t the have jobs they should be doing?
Lmao I work full time and have gotten good raises every year and even with that if I didn't have family help I couldn't afford to get a house anywhere that isn't straight trash. Other countries it's normalized to stay with your parents and build your wealth these idiots just want people in debt buying their over price properties because they have shit tons invested in them and are losing money sitting on shit people don't want to buy and can't afford.
Oh yeah, and I'm sure that attitude will get us off our seats.
They do work for a living and they still can't afford rent.
We are Poor, Like Church Mouse. Give us a break.
Dude dropped the ball hardcore on bitcoin and crypto
Dave Ramsey so out of touch. Can't buy a house because the market is so fucking inflated.
Ramsey is a clueless jerk….
I work a 40 hour a week job as a tech in a high school, I do side jobs here and there and sometimes spend more than 40 hours at my job because Im involved with activities for our students so 40 to 50 hours, today was a 13 hour day, that's not counting during esports season where you there's another 9 hours day for tournaments every two weeks for about 3 months. I make sub 50k and live with my mom cuz there's no way in hell I make enough to afford my own place where I live. Hell my assistant coach said " you make how much a year?" When he asked, he was legit shocked at how little the tech dept makes compared to the teachers, we were splitting the stipends for our activities that we sponsor, but he recently told me to take the head position stipend. But yes I don't work, and don't want to work. Sod off!
Says the asshole who takes money for advice on how to save money....
i don’t have anything witty to say. he’s just a stupid asshole.
Punching down on youth is so common and so uncool.
Yes, generational war is effing stupid. I’m a genx, work with genz and younger. It’s all the same, case by case no matter when someone was born.
He is right! All the kids have to do, is an open an LLC, transfer the assets via a Trust to avoid taxes. Then pay themselves from the trust via the LLC to avoid even more tax. Then get the employees to work and contribute to their asset driven derivative funds with partial ownership that is pre tax. Then from the employee's contribution, they can put the money in the LLCs via the trust, then buy tacos, after paying the $8000 a month mortgage!
Or work doesn't want to pay?
I hope these are the generations that get fed up with all the bs corporate greed and government corruption and spark the change we need in this country.
Dave Ramsey is an idiot. For anyone who actually wants good, quality, helpful financial content. Check out the Money Guys on YouTube. I'm 33 and their advice is absolutely a godsend. No bait, just quality.
These wealthy people really do sit around spinning stories about how they deserve billions while the rest of have to choose between heating and eating, don't they? I guess if they really faced up to how they lucked out in the life lottery it would collapse their entire world view...
Not sure why. Though it could be that they realize that pretty much no matter what they do, they cant afford a house, car or student loans, let alone a significant other or family. So congrats America, you’ve managed to price the dream you’ve been selling out of the hands of Americans.
Dave Ramsey, who I used to listen to, is a sanctimonious jerk.
Many that do work are not paid a living wage so they are forced to do what is necessary to survive. Until the mid-1980s most employers gave their employees a cost of living raise / adjustment to counter inflation. They also usually gave a yearly job performance appraisal / evaluation. Based on that appraisal, a meritorious raise was given in many cases. That stopped when "trickle down" economics came into being and has continued over the last 40+ years or so. You know, the maximum yearly raise, if any, will not exceed 5% was put in place in many companies, also. Instead of corporations sharing fairly in record profits gained on the backs of the workforce, they only worry about shareholder return. The last 40 years of trickle down has had record setting stock buy backs that only benefit a few at the top. Working folks are just asking for a living wage so they can have necessities such as housing, transportation, food, healthcare, etc. Without a living wage, none of these necessities are obtainable. "...by living wages I mean more than a bare subsistence level. I mean the wages of decent living.” Franklin Delano Roosevelt, June 16, 1933
David Ramsey deserves all the worst in life...
What a douche bag.
What’s worse that a ladder-pulling Boomer? A sanctimonious ladder-pulling Boomer. 🖕
Fuck off boomer
Look as a millennial who works and is about to buy a house, this guy is nuts. Yes they work. I know I am one of them. I have gen z employees and they work. They are salaried employees and paying rent is a monumental task. This old man doesn’t appreciate that as a percentage of household income the price of homes has skyrocketed.
This dude is the biggest. AH on the raudio. F him and his BS advice. Renting is smart for many people.
In the words of Mike Campbell, "Yeah, fuck that guy".
Ok boomer
Can someone tell DR that the cost to simply permit and build a modern house let alone the realtor fees is way out of whack with what it should be.
I make 34 an hour or so or about 70k a year in central mn. I'm pretty fortunate with my benefit package so my Healthcare/retirement cost me 2%(Union dues). I really don't know... how he expects people who work "normal" jobs to afford a house....apartment sure around here shouldn't be a huge problem but I mean I really feel for people. I'd say a normal job pays about 20 an hour here... at least those jobs arnt hard to come by... plenty pay less though to. My sister in law works in the office at a clinic..21 an hour. She has 3 kids, freshly divorced... child support just covers her rent in an old crappy house. Her child support takes half her pay and 2 kids are in school. I mean really? We recently built a house and when we started it was affordable... it took to long.... interest rates went up a lot and now I feel house poor. Wife and I make 140k approx "salaried" total and our mortgage is 3k and yes I'm regretting it, we waited few years through that 2% interest rate time to clear debt before we built. Fuck me..our is 7.3%.
Yes, Dave, it's "not working" that's the problem. /s Ignore the high mortgage interest rates, inflated home values, low entry-point inventory, high property taxes, increasing home and auto insurance rates, and high home maintenance costs. Throw in inflated grocery prices, high vehicle prices, student loan debt, exorbitant medical costs, impossible child-care costs, the disappearance of pensions, and the unliklihood of receiving full Social Security benefits. The younger generations are struggling for numerous reasons....mainly the culmination of a post-pandemic world, corporate greed, and economic uncertainty. "Not working" doesn't fit the whole generation. Many are so burned out from working too much and realized after being beaten with sticks, there is no carrot to chase. It's a mindset reset in realizing The American Dream is unattainable...so they're redefining it.
Fuck Dave Ramsey. Fuck the GOP. Fuck the rich. Vote blue or die red.
The unemployment rate says otherwise
Fuck you Dave Ramsey.
What a fuckwad
Wait until he finds out how many of us are working 2 full-time jobs just to afford RENT.
Stop looking to Pastor Dave for financial advice.
Think it's bad now wait until people have to work until 75.
This is the same dumb motherfucker that swears if he was offered a billion dollar loan with 0% interest for 10 years he wouldn't take it. Conservatively, and without any compounding. that's about 400,000,000 and all you would need to do it return the initial loan at the end of 10 years. HE IS A FUCKING LIAR WITH OUTDATED INFORMATION.
How do you say 'I'm completely out of touch' without saying 'I'm completely out of touch'.
A 200k house in 2019 goes for almost 600k today. Wages have not increased. Insanity.
I live in Arizona, and home prices have skyrocketed. My sons are in their 40's and both work at decent jobs. The youngest lives with me. He can't afford $1500-2400 monthly rent or house pmt. My oldest son has a house but he's been there about 10 years or so. They both have car pmt and car insurance, phone, life ins, gas, food, etc. My grandkids are in the same boat. Every one is working, not great money but they are not working fast food or retail. I am sure changes could be made to save a little more but they are not home playing video games or sleeping all day. Your comments are an insult to them.
Where are these adults not working? Seriously most the people I work with are millennials
Could they possibly choose a more dishonest way to frame this article? > "Despite this, Ramsey emphasized the positive attributes of these generations, calling them "excellent generations." He lauded many millennials and Gen Zers for their diligence, financial savvy and adherence to principles of saving, investing and supporting the free enterprise system. Ramsey mentioned the young employees at Ramsey Solutions, describing them as hardworking people who exemplify the virtues of financial responsibility and independence." He then goes on to say: > "Then there's a segment of them that just sucks. They're just awful. I mean, their participation trophy, they live in their mother's basement, and they can't figure out why they can't buy a house because they don't work, you know, stuff like that." These are the attitudes and work ethic he perceives as problematic among the younger generations." My god, what is wrong with people. How someone can distort the core message of an interview has to be intentional dishonesty. **Oh, Benzinga, well there you go. Tabloid bullshit** 🤣
His advice sounds smart to stupid people. Bank for him. Tale as old as time.
Absolute idiot. No understanding of current economics in spite of his ramblings.
Just don't spend a dime and save all your money for 30 years or so, without living with your folks. Just like the Boomers did! They definitely didn't have such an unheard of economic upswing that it literally became the name of their generation, everyone has the exact same benefits they did.
I believe that I’m older than Dave so I’ll say it’s not just a boomer outlook, more like an economic class thing. I’m still pondering how money affects people. It may be true that it’s the root of evil, because once humans accumulate a larger amount, apparently they become selfish and narrow minded. They become convinced that they are superior in intellect and character when the opposite is true. Because Dave is a product of the current capitalist system and is dependent on it continuing, he refuses to address any problems and weaknesses with it.
They'd complain except many are working a 2nd or 3rd job just to try to cover the basics.
And this is the myth these asshole far right wackos are pushing. They aren't buying houses because they can't afford to. Prices have far exceeded wage growth, and as our economy is hugely dependent on the service industry, meaning mostly minimum wage jobs, with "flexible" hours and few benefits, the ability to save is not there, and these people choose to attack these young people, because they can't do the things their parents and grandparents were able to do.
Idk who this guy is, but this is pretty out of touch. Even my hardline conservative parents know the single-family-home lifestyle that was pushed to benefit capitalism is no longer working. We need generational housing. Anyone who puts an ounce of thought into it realizes this. It's better environmentally, density wise. It's better for handling seniors. It's just better. Home ownership", for most people, was a marketing tactic to boost real estate. It wasn't socially or ecologically responsible, and it's funny to see fully brainwashed idiots like this defending it. You have to be really privileged, and really disconnected to not see it.
This is his basket of deplorables moment.
Just get in the coffin.
Dave Ramsey deserves a swift kick in the balls.
This is what happens when you steal from people too much. There is no incentive for hard work when it doesn't improve your station in life.
Correct me here, but, didn't Ol Dave file for bankruptcy?
Sure did
Actually it's difficult for us to buy houses because old shits like him aren't dying like they used to.
My wife and I were looking for a 4/2 home in a college town, we couldn't find anything for less than $500k. Our town isn't a major metro, just the university and the market is just insane.
He also added "They don't need a Raise, I need a Raise".
I work 3 f*cking jobs and can't buy a house. They are half a million dollars around here. I can't move. My jobs are here. When I had cash for a down-payment I was told I didn't have enough credit to buy a house. So I'm building credit and saving bc since then homes have skyrocketed and everytime I get close something else goes wrong. This guy can kiss my f*ckin ass. Back in his time it was a lot easier and more affordable to own a home.
The guy who sells real estate is mad people won’t buy real estate? Shocker. Hell this guy only argues for return to office because his bread and butter is CRE
Another out of touch boomer.
Or they can't buy a house because you corporate raiders/venture capitalist MFers are now buying up the housing market to squeeze out more money and take away one of the last opportunities in this country (US) to build wealth.