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The Ramsey Show Highlights

Dave, How Is It Ethical For You To Own Multiple Homes?

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6682 Ratings

🗓️ 25 March 2025

⏱️ 4 minutes

🧾️ Download transcript

Summary

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Transcript

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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.

...

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