⚡️🗣️ WATCH - One of the most revealing moments from Trump’s Davos speech was when he stated an uncomfortable economic reality out loud — whether people like him or not.
You cannot lower housing costs for young people without destroying millions in wealth for boomers
"Every time you make it more affordable for somebody to own a house cheaply, you are actually hurting the value of those houses. I don't want to do anything to hurt the value of their house.
If I wanted to crush the housing market, I could do that so fast that people could buy houses. But you would destroy people who already have houses."
Our politicians are sacrificing people in their 20s and 30s for the prosperity of boomers
Let that sink in
Replies (11)
Sounds like gatekeeping houses from new people so they are still high value 🤨
Houses were supposed to have only a utility value, not to be used as a vehicle for speculative purposes by degenerate asset managers and FAs.
Hey I’m 58, worked my fucking arse off to own my house.
My parents always banged on about a house!! I did it - slaved in different ways to kids today (hard labour mostly) to have it!
You have Bitcoin at your fingertips!
Be smart. Work hard. Get ahead. Travel when you can you!
Bitcoin helps you to do this like no other asset in the history of assets!
Would you want your bitcoin to be devalued in 20yrs to help someone who has not worked their arse off or studied tis nascent asset - I think not!
Not everyone is a Blackrock cunt. Some of us just worked real damn hard.
I’m a Pissed off Xer - tired of hearing how tough you all have it. I owned a house when interest rates were 17 fucking percent!
Buy bitcoin - $5 a week instead of coffee - really fucking simple - and makes you really fucking lucky!
Not directed at you - directed at all the ADHA retards who think having a mental illness is a flex and constantly fucking moaning!!!
Respect 🫡
Never in my life would I take out a 17% loan for a house or anything else for that matter...
We had no choice there was no other way in 1986!
This is not a criticism of your story. I would not presume to do so.
I have a home and would gladly take the hit so that it is more affordable for others.
Sum young uns' do NOT understand 'work ethic' as in physical labor. Different times different tools. Point your eyes forward, to your future. Judgement is not for man.
He may not choose to “crush the housing market”, but that doesn’t mean the next president won’t.
Not many are thinking about what technology could do to change all of this, like robotics and 3d printed houses.
I totally agree with work “smarter not harder” method BUT discipline and persistence are key assets no matter how you “work” for a living.
Just stacking sats is great but you need to be able to replace those sats after spending them on things that have value for you. That takes effort or work.🤷♀️
Cycles and human nature are fundamentally the same. Bitcoin is the tool. Those who use it wisely - grow their stack - give back to the eco system and are the ones whom will succeed the most.
My views may be “old fashioned” but they are still the recipe for success in life!
