Video Description

The bet that didn't pay off... 📖Your Money or Your Life: https://amzn.to/3VExSUV ☕Support My Channel!: https://www.buymeacoffee.com/williamsauQ 📱My $15 Phone Plan: https://mint-mobile.58dp.net/rn6rJQ 🏛️My 4.6% APY Savings Account: https://www.sofi.com/invite/money?gcp=43a5fefa-390e-41f0-9b1d-cb72691e87da&isAliasGcp=false 🌍My World Map: https://amzn.to/3Y90Sac Chapters 00:00 Start Here 01:54 Chapter 1: When Homes Were Just Homes 03:30 Chapter 2: The Birth of The 30 Year Mortgage 05:00 Chapter 3: Housing As the American Dream 06:55 Chapter 4: Housing To Hedge Inflation 08:41 Chapter 5: Housing As A Financial Product 11:54 Chapter 6: Housing As An ATM 14:41 Chapter 7: The Housing Gold Rush 17:04 Chapter 8: The Crash 19:15 Chapter 9: The Biggest Liability 20:45 Chapter 10: Where Do We Go From Here? Once upon a time, Boomers made a bet that their home would be their ticket to a comfortable retirement. For decades, that belief worked: equity grew, values soared, and borrowing against a house became second nature. But what started as the American Dream turned into one of the biggest financial traps in history. In this video, we explore how housing transformed from shelter to speculation from the birth of the 30-year mortgage and the GI Bill to Wall Street’s mortgage-backed securities and the 2008 crash that wiped out a generation’s savings. Discover how Boomers’ greatest asset became their biggest liability, why so many are retiring broke, and what this story teaches us about money, timing, and trust in the financial system. **Links above are affiliate links where if you click and order, I will receive a commission at no cost to you. **