Comments by "Henry TheGreatAmerican" (@henrythegreatamerican8136) on "Owning a Home is Literally a Scam (Documentary)" video.

  1. "This video completely leaves out the fact that people in former generations always lived within their means - something this current generation has no clue about" And what you left out is former generations had a larger house hold income because the dollar was stronger and wages actually went up with productivity. Wall Street didn't have as much of a strangle hold on the overall economy back then, but thanks to Reganomics we obliterated all sorts of regulations which funneled tons of money into the pockets of the rich along with the excessive tax cuts. This money was used to buy up all sorts of assets INCLUDING HOUSING. That's the chief reason housing prices skyrocketed out of the reach of average people over the last 20 years.
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