Why You Feel Poor and It's About to Get Worse

What if buying a home is a poverty trap mathematically designed to keep you broke? Property is fueling today’s feudal-level wealth inequality (top 10% own 75%—same as 700 years ago). Learn the 'buy to invest' strategy that could save you over $37,000 a year compared to a traditional mortgage. We'll discover how to escape the trap, avoid dead equity, and invest the extra funds to earn $4.6M - money you’d otherwise have lost. From my decade+ investing in Property, I break down how we're sold the idea of paying off a mortgage means paying double on a $1M home ($2M total over 30 years) and lets the bank monarchy eat up your labor and life. 📘***My E-book (From Slavery to Salary) explains the system for what it is, get it here: https://payhip.com/b/k6f7d 🔔 ***Get my exclusive upcoming member only Videos and Posts by signing up to www.vitogee.com.au 0:00 Wealth Inequality Explained 0:45 Property Investing Background 1:55 Why Homeownership Can Make You House Poor 2:20 Property holds most of the world's wealth 2:55 Feudalistic origins of Modern Property 3:20 Owning a property makes you poor 4:03 Most income pays rent or mortgage 5:00 Modern Feudalism is due to property 5:56 You don't have to pay off your mortgage 6:50 A mortgage means your paying double 7:25 How Banks Profit from Mortgages 8:09 Why Homeowners are Poor 9:00 Seniors are Asset rich but Cash Poor 10:15 Many will not sell their property 11:10 Equity becomes dead money 11:50 Escape property trap: Buy to Own vs Buy to Invest 13:35 Investment loan Strategy 14:40 Index Funds and Compound Growth DISCLAIMER: Please be advised that I am not a professional advisor in business areas involving finance, cryptocurrency, taxation, securities, commodities trading, law or any other field. The information and content written, broadcasted, and/or disseminated by and through "Vito Gee" is intended FOR GENERAL INFORMATION PURPOSES ONLY. Nothing written or discussed is intended to be construed, or relied upon, as investment, financial, legal, regulatory, accounting, tax or similar advice, nor should it be. All content expressed, created, and conveyed by "Vito Gee " is premised upon subjective opinions pertaining to currently existing facts readily available. All materials in these videos are used for educational purposes and fall within the guidelines of fair use. No copyright infringement is intended. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please contact me via my email in the "about" page on my channel. #finances