The Ramsey Show Highlights Would Dave Ramsey Buy Property In NYC Under The Current Mayor?
Mar 9, 2026
Susan calls in about her adult daughter considering buying property in New York City. Susan is a concerned parent weighing mayoral policies and market risk. The conversation covers whether to pause buying, consider nearby suburbs, or wait to see if policies stick. They also discuss taxes, migration trends, and how to guide an adult child through the decision.
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Pause Buying Until Political Risk Clarifies
- Wait before buying property in NYC until political uncertainty around ownership policies settles.
- Dave Ramsey says he'd pause now and buy only if the anti-property moves "flame out," otherwise walk away if they "gin up."
Real Estate Usually Recovers Unless Property Is Seized
- Assess whether local leaders can realistically implement radical changes before acting on fear.
- Dave argues real estate generally "works its way out" unless private property is actually stolen or seized by policy.
Caller Shares Fear Of NYC Community Ownership Plans
- Caller Susan worries NYC's mayor called private property "a weapon of white supremacy" and will convert housing to community ownership.
- Dave compares fears to Venezuela and cites historic NYC real estate gains but says scale matters.