PHOTO: Gary Vaynerchuk
The entrepreneur and motivational speaker said on a recent podcast that buying a home is a ‘bad use of upfront capital’ and says he plans to rent in the future
Gary Vaynerchuk, a tech investor and prominent speaker who just weeks ago held a conference for real estate agents, recently gave an interview in which he criticized the idea of homeownership and said buying a house is a bad use of capital.
Last month on the Cannonball Mindset podcast, Vaynerchuk stated that he does “not think the American dream should be buying a home anymore.”
“It’s fucking bullshit,” he continued. “It’s a bad use of upfront capital and it ties you up. And it’s just not smart.”
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