4.6 • 682 Ratings
🗓️ 25 March 2025
⏱️ 4 minutes
🧾️ Download transcript
Click on a timestamp to play from that location
0:00.0 | Brought you by Y-ReFi, refinance your defaulted private student loans today at Y-refi.com slash Ramsey. |
0:10.4 | All right, today's question comes from Greg in New York. |
0:12.9 | He said, how is it considered ethical for people to own so many houses? |
0:17.4 | I'm just wondering how, as a Christian, this isn't seen as greed. Don't you know that buying up all |
0:23.3 | these homes is what's causing the housing shortage? You know what? Well, actually, Greg, |
0:29.8 | let's just start with not the spiritual part, but your economic understanding, that's not what's |
0:34.7 | causing the housing shortage. Investors buying up houses is not |
0:38.1 | causing the housing shortage, okay? Period. So you're just wrong. Now, that is it, can we, |
0:43.7 | can we stay on that for just a second? Because that is a thing going around that these massive |
0:48.2 | hedge funds or black stuff, like all these, they're coming in and buying up. But they don't have a soul. That's what, okay. |
0:55.0 | So, hedge funds don't have a soul. |
0:56.2 | Yes. |
0:56.5 | So, so, because an individual investor, right, for the average person out there who has maybe two or three rental homes, right? |
1:02.7 | They're on babysubs. |
1:03.4 | They're not causing it. |
1:04.5 | They're not causing the house. |
1:05.6 | But Blackstone, yeah, those guys are buying up houses. |
1:08.0 | So that's true. And is that affecting the housing market at all? |
1:11.1 | Because that is... |
1:11.6 | It probably is to some extent, but not as much as TikTok says it is. |
1:14.8 | Yeah. |
1:15.6 | Yeah. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Ramsey Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Ramsey Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.