The Trump administration has developed a little bit of a status for officers saying issues out loud that most likely ought to have stayed inside their heads. Time and time once more, somebody steps as much as a mic and provides a remark that feels wildly disconnected from how most Individuals truly dwell. Final week, there was the Agriculture Secretary Brooke Rollins, who confidently recommended folks might feed themselves on simply $3 a meal, as if grocery costs, meals deserts, and inflation have been all imaginary issues. And now, that lengthy checklist of out-of-touch moments has a brand new entry…
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Earlier at this time, Treasury Secretary Scott Bessent, who can also be a multimillionaire, casually implied that retirees proudly owning 5, 10, and even 12 houses is a traditional, relatable expertise.
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Bessent made the remark throughout a dialogue about housing coverage with Fox Information host Maria Bartiromo in Davos, Switzerland, when speaking concerning the administration defending “mother and pop” homebuyers from large investor teams, saying, “Somebody, possibly your mother and father, for his or her retirement have purchased 5, 10, 12 houses.”
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Because the Day by day Beast factors out, in accordance with the US Census Bureau, solely 65% of Individuals personal a house, and solely 4% personal a second residence. So yeah, the concept that retirees usually personal 5 or extra houses is not primarily based in actuality.
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For sure, the remark landed out of step with how most individuals expertise housing at this time:
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Properly, there you have got it. Nothing says “We care concerning the working class!” fairly like implying that most individuals’s mother and father are quietly working actual property portfolios. Alright, tell us what you consider this newest gaffe within the feedback beneath!!!
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