Money
Bach argues home ownership remains key, citing a 43-times wealth gap
Ed Mylett Show
Why You're Still Broke Even If You Make Good Money Feat. David Bach
What was said
""Rents have skyrocketed across the United States. And so is the value of home ownership. So, you know, 20 years ago, homeowners were worth 40 times more than renters. Today, homeowners are worth 43 times more than renters.""
David Bach pushes back on online claims that renting is financially superior, saying people cannot "live inside Bitcoin" and warning that rent rises over time. He cites a large wealth gap between homeowners and renters, says first-time buyers are now typically 40, and frames home ownership as central to building "generational wealth".
Verification status
Attributed speaker claim
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Source and context
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- Programme
- Ed Mylett Show
- Episode
- Why You're Still Broke Even If You Make Good Money Feat. David Bach
- Clip time
- 54:28
- Original source
- Watch the source segment →
From this episode
Ed Mylett Show