Trump's Treasury Secretary Is Getting Dragged To Filth For What He Mentioned About Retirees Proudly owning Properties

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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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…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.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.”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.For sure, the remark landed out of step with how most individuals expertise housing at this time: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!!!

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.

Person in a suit and red tie speaking on stage at the World Economic Forum, gesturing with one hand. Background displays

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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.”

Two people in a panel discussion at the World Economic Forum with text about buying multiple homes for retirement @BulwarkOnline / By way of x.com

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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.

A house with a

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For sure, the remark landed out of step with how most individuals expertise housing at this time:

Tweet saying,

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Tweet satirizing support for small real estate investors, mentioning the Treasury Secretary's watchful eye Tweet asking about retirement readiness by questioning homeownership of 5, 10, or 12 homes @BetseyStevenson / By way of x.com A young person with a skeptical expression asks, @nagy_minaj/ Warner Bros. / By way of x.com

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Tweet questions if parents are hoarding houses, not immigrants, causing high housing costs Tweet by Matthew Sitman jokingly questions the cost of owning multiple homes @MatthewSitman / By way of x.com Tweet by @marthagimbel humorously demanding to know the locations of multiple homes belonging to her mother and mother-in-law @marthagimbel / By way of x.com Tweet by Ruben Gallego criticizing Scott Bessent's statement about buying 12 homes for retirement as unrealistic @RubenGallego / By way of x.com

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Tweet from Call to Activism criticizing Treasury Sec. Scott Bessent's comment on home purchases, highlighting disconnection from public concerns @CalltoActivism/ / By way of x.com Tweet from @GovPressOffice: @GovPressOffice / By way of x.com

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!!!

A man in a suit with a red tie sits in a business forum setting with

Anadolu / Anadolu through Getty Photographs

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Trump’s Treasury Secretary Is Getting Dragged To Filth For What He Mentioned About Retirees Proudly owning Properties

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.

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.

For sure, the remark landed out of step with how most individuals expertise housing at this time:

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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