were you just asking specifically about uh a housing bubble or any kind of yeah because well i know that a lot of what had to do the the housing bubble was caused by these adjustable rate mortgages that they would give to anybody with a pulse and you know you'd you'd get them in with the teaser rate whatever it was zero percent or low amount and then these stupid idiots who shouldn't be buying a home to begin with then suddenly get hit when the adjustable rate kicks in their mortgages triple and they can't pay him anymore and then they default and then i don't know if they're stupid like this people have been told they're not people have been told this is the number one way to build wealth especially like if you want to build intergenerational wealth owning a home it's like that's the american dream i mean and they were taken advantage of and i think i think there's a lot of policy that was made to make it easier to get these loans because they were like we want there's not yeah there is that's wells fargo's fault it's all wells fargo it's fargo's fun we hate them yeah yeah but so these people aren't stupid it's i mean and that's kind of the problem you see these you know everyone wants to buy a house and it's also very weird so when those it it felt very funny when those stories were coming out about blackrock and large investors buying up houses and stuff it felt really weird all of a sudden i started seeing in the wall street journal and on the financial times well actually it's good that we're not going to be able to buy houses it's actually good like we should actually want there to be a nation of renters and it was really wild for it to all of a sudden flip who said that it was in the wall it was in the wall street journal a nation of renters is good why is it good uh i don't it honestly sounded like PROFANITY_TOKEN i mean truly for all i've all i've heard my entire life was you need to buy a home that's the only way that's the best way to build wealth and it was just so odd that all of a sudden to see multiple stories like that i don't know james altucher was a guy who said uh never buy always rent because you have to you don't have to deal with the property taxes you don't have to deal with things going wrong you can move freely because you're not tied to an illegal there's advantages to both sure uh i think in in coastal cities uh or expensive high cost of living cities it makes sense to rent it's gonna be cheaper for you to rent your house than buy it so it really just depends hey guys we want to take a quick break to thank the sponsor of today's episode public URL_TOKEN is an investing app where you can invest in stocks etfs and crypto with any amount of money what i love about public is that it helps people become better investors you can follow other investors and share ideas people like graham steffen cody codyco shelbychurch and thousands more on the app i joined public and you can see what trends i follow if you search for ben khan on the app here's me i'm
START_SPONSOR_TOKEN want to take a quick break to thank the sponsor of today's episode public URL_TOKEN is an investing app where you can invest in stocks etfs and crypto with any amount of money what i love about public is that it helps people become better investors you can follow other investors and share ideas people like graham steffen cody codyco shelbychurch and thousands more on the app i joined public and you can see what trends i follow if you search for ben khan on the app here's me i'm END_SPONSOR_TOKEN