Yeah, gonna call bullshit.
Bought this house 3 years ago, and my mortgage payment is half of what a comparable house would cost to rent. Mortgage payment includes property taxes and homeowners insurance. Plus I'll own it in 12 more years and can already use it as equity.
People are aware that you don't have to live in a house for 30 years if you get a 30 year mortgage, right? That hasn't been a thing since the 80s.
"Debt incumbent home owners don't go on strike"
He's not exactly wrong. If you have a mortgage, you do not really "own" anything and essentially have a "landlord" through your lender.
You may not just be mad at renting/landlordism. Your ire may be for the generalized concept of private property.
Grant cardone is one of the slimiest cunts in the billionaire class, and that's a high bar
You can safely discount anything he says, because it is always self-serving
It’s the Catalina wine mixer
He's right as far as mortgages go, which is one of the most abusive financial albatrosses a person can wear. Nobody tells people that they're going to actually pay 3 to 4 times the amount they bought the house for when they sign the papers.
But where does he even get the idea that rent is less than a mortgage at this point? That's sure not what it looks like to me.
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