Why Millennials Buying Houses with Their Friends Is a BAD Idea

The Ramsey Show Highlights

Ramsey Network

Business, Investing, Education, Self-improvement

4.5 • 839 Ratings

🗓️ 1 November 2021

⏱️ 4 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Ramsey Call of the Day is a quick, daily dose of advice on life and money in under ten minutes. Hear from experts like Dave Ramsey, Ken Coleman, Rachel Cruze, Christy Wright, Dr. John Delony, and George Kamel. Part of the Ramsey Network. Delivered to you five days a week. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is the Ramsey Call of the Day, part of the Ramsey Network.
0:11.5	Okay, so George, I got to get you to weigh in.
0:14.2	Okay.
0:14.7	On something I saw in the news.
0:16.4	I don't weigh much, but I'll try it.
0:18.8	You like that?
0:19.9	It's well played, sir.
0:21.4	Okay, so here's the headline.
0:23.2	I believe this is Wall Street Journal.
0:24.6	Yeah.
0:27.0	Millennials team up to fulfill the dream of home ownership.
0:33.1	Burdened by debt and facing soaring home prices, first-time home buyers are pooling their finances with
0:37.6	partners, friends, or roommates.
0:39.9	What?
0:41.2	George.
0:41.7	This is frightening.
0:42.5	Say it isn't so.
0:44.0	It is so.
0:45.1	Wall Street Journal is pretty reputable.
0:46.7	And here's the thing.
0:47.4	It says the number of co-buyers with different last names increased by 771% between 2014 and
0:53.9	2021.
	...

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