News: So This Is Why Rents Are Still Going Up...
Rebel Capitalist News
George Gammon
4.7 • 1.1K Ratings
🗓️ 16 February 2023
⏱️ 10 minutes
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| 0:00.0 | Hello fellow rebel capitalists hope you're well. |
| 0:03.0 | I'm sure everyone right now is wondering why on earth the rent is continuing to go up. |
| 0:11.1 | If housing prices are at an all-time high although they've come off a little bit |
| 0:15.1 | housing prices are nose-bleed levels and rents just keep going up and up and up and up |
| 0:20.4 | what is going on here at some point don't people run out of money they |
| 0:25.1 | run out of purchasing power therefore they can't afford to continue to pay the |
| 0:29.8 | higher and higher and higher rents I mean the math just doesn't work. |
| 0:34.0 | It doesn't make any sense. |
| 0:35.0 | But let's shoot right over to this zero hedge article |
| 0:40.0 | and I think I've got some answers for you. and you know I didn't even know this but the |
| 0:46.3 | Biden administration now is allowing states to spend Medicaid money on food and you guessed it housing. |
| 0:58.0 | Many of you know I have a mastermind group with Kenny McElroy and Jason Hartman and we've got about 30 35 |
| 1:07.4 | members and we do kind of monthly calls and most of our members are like Kenny. |
| 1:14.1 | Like they're big time multi-family real estate owners. |
| 1:18.2 | Our mastermind group doesn't really focus on real estate. |
| 1:23.2 | It's just because most of the people find out about it |
| 1:26.7 | through Kenny or Jason, they tend to be real estate investors. |
| 1:30.7 | But they're more like rebel capitalists. |
| 1:33.6 | It's, yes, they're interested in real estate, |
| 1:36.0 | but they're more so interested in freedom, liberty, |
| 1:38.9 | and free market capitalism. |
| 1:40.6 | But anyway, on these calls, I get a lot of insider information as to what is happening, |
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