Being an advertising behavioral economic, he reframes everything to highlight unproductive or exploitative behaviors that aren't beneficialExamples: Is being a landlord a right to tax the lower generation?>work any normal industry>buy a property from 1917 for £700,000 as an investment>earn right to tax younger generationsThat's not productive in any direction; neither to the landlord, renter, or construction companieshttps://youtube.com/shorts/9l-fcB740Dg?si=zKvyDJlmbB-b0z2j>Accuses frugal millionaires for not consuming but hoarding their wealth or niche shopping>Hates Tech people hyper focusing on reducing human labor even if it would be a useful service to the consumer who would spend the extra moneyhttps://youtu.be/ajGmL1gus9A?si=HT8irGVdD4K1aeFfI like his insights because he is a business guy but is frustrated with low labor wealth extraction that goes against productivity.
https://www.youtube.com/watch?v=HnHkNyPyUTAMy parents own 6 properties in the USA, Germany and Britain, meanwhile I'm struggling to get a job that gives me more than a 9 month contract that doesn't get nixed every time and living in low quality apartments to live in the overpriced cities with the jobs.Rory's advice: >Take out a loan, life a happy life and wait for my parents to die and pay it all off after my parents die.If I can find a bank of sort that will go along with that plan, then that's infinitely better than suffering throughout my youth.
>>61219301I find him refreshing. A boomer that is not a condescending tard with sort of original ideas
>>61219330I also like this idea. Of course it will never happen but if you understand wealth creation it makes ton of sensehttps://youtube.com/shorts/utiW1mQyC8c?si=_U8GvVUsNn3vNlrT
>>61219360>I find him refreshing.Incredibly. He is the complete opposite of Dave Ramsey and the like, while still being a renown creative consultant hired by the largest companies in the world (via Ogilvy Consulting of course).>>61219395>https://youtube.com/shorts/utiW1mQyC8c?si=_U8GvVUsNn3vNlrTAnother idea that would certainly yield huge economic results and he even includes the tax free bracket aspect to give some balancing out and number finding for the excel people. These are national economic rejuvenation ideas that never even get hinted at in politics or any economic think tank.
>>61219301I don’t listen to fat people
>>61219431>get hinted at in politics or any economic think tank.The whole financial system is designed for boomer wealth maxing. They got all the assets cheaply when they started working and they set a financial system that increases their value every year no matter what
>>61219445>The whole financial system is designed for boomer wealth maxingThis video https://www.youtube.com/watch?v=HnHkNyPyUTAis good on that because he is talking to the naive boomer economics ideological fresh face hired to run the old think tank's podcast and Rory tells him he on many points he is hypocritical and flat out "No, thats nonsense" many times.
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>buy a property from 1917 for £700,000 as an investment>earn right to tax younger generationsWhat tax do you guys have in bongistan? Here it's called rent. I hope this isn't just a retard argument about why paying rent is bad.
>>6121933>Take out a loan, life a happy life and wait for my parents to die and pay it all off after my parents die.haven't watched the video but borrowing money will always seem stupid to me
>>61221942>I hope this isn't just a retard argument about why paying rent is bad.His point is that the renting situation in high rent locations has become counter productive. Non stop inflating housing prices dont foster a growing housing market but instead only result in normal people buying real estate to ensure their investments making them landlords (and unwilling tax collectors) of the future generations that will live in pathetic social housing from the war/depression eras.1. Homeowners are buying shit houses wasting their money instead of being consumers2. Renters are wasting their income on shit housing instead of being consumers3. Real estate developers aren't building new homes because war era social housing is worth more than where they can buildRory Sutherland is an advertising guy who wants people to consume the products he gets paid to promote. His point is the housing market only works as intended in very few places in the country and is detrimental in places like London.>>61222034>but borrowing money will always seem stupid to meWell, thats why his creative economic thinking is interesting. It seems "stupid" at first glance.
>>61219301Is no one going to mention that video titled "Why we shouldn't tax gen z"? Don't know why specifically us, but the average American right now is taxed more than medieval serfs :)
>>61223546Its click bait, but he makes the point the getting the short end of the stick has only gotten worse since the 1980s or so.
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>>61224577you should check him out and report your insights!
>>61219301>fat old cunt or some gay faggot who talks like he is a retarded
>>61226041bit racist innit
>>61219301
>>61219301do people really need to learn these lessons as if they were born yesterday? read some fucking philosophy you faggots.many people have said that rentist scum should be offed from the earth, but they are the ones leading us to the precipice.
>>61228505Rory isn't a communist who wants to decapitate every landowner. Thats the point of his insights being interesting and not historical "philosophy".
>>61229083not only commies thought (and think) rent seeking is evil.also, have you tried understanding the conditions under which people worked at the time Marx was alive?
>>61229347>not only commies thought (and think) rent seeking is evil.There is a difference between thinking its "evil" and thinking it is an unproductive occasional necessity.
>>61230533>occasionallet's see. how "occasional" is this?from https://www.thezebra.com/resources/research/renting-statistics/>In the year 2024, 34% of Americans rented their homes. (DoorLoop)I don't think it's an "occasional necessity". and considering the following:>A 2024 study from Harvard reports that 22.4 million U.S. households spend more than 30 percent of their income in rent, with 12.1 million spending more than 50 percent. (NY Times)>The median U.S. rent accounts for 29.1% of the average American household income. (Zillow)it does seem evil. how would you feel if you had to give 30% of your income to someone else because your alternative is living in the street or having to share your personal space with someone else? what if you had a family and had to pay for someone elses mortgage because you can't affort housing and maybe not even banks will help you?you people live in fantasy land. real people have to ENDURE shit like this every single day of their lives.
