Should We Start a GoFundMe To Pay Off Our Debt? (Hour 1)

**Dave Ramsey** (0:27)
Live from the headquarters of Ramsey Solutions, it's The Ramsey Show, where that is dumb, Cassius King and the paid-off home mortgage has taken the place of the BMW as the status symbol of choice. This is The Ramsey Show. We help people build wealth, do work that they actually love, and create actual, real, amazing relationships. George Kamel, host of the Entree Leadership Podcast. Ramsey personality is my co-host today. Open phones at 888-825-5225.
George, I am excited. We announced yesterday that we are doing a free live stream. It's gonna be about an hour long. It's completely free, and it's all about, we're calling it the Real Estate Reality Check.

**George Kamel** (1:16)
I love that. I had a name that was not as good. It was The Struggle is Real Estate. That one did not pass the marketing vibe check, unfortunately.

**Dave Ramsey** (1:26)
When you have to do a rim shot after your marketing, if you have to go, pa-da-bum, chhh, right after that, for everybody to get what you're saying, then George, it's a bad slogan.

**George Kamel** (1:35)
Way better name, Reality Check, and that's exactly what people need to do.

**Dave Ramsey** (1:39)
So this is gonna be a lot of fun, you guys. July the 14th, Rachel Cruze, George Kamel and I are gonna jump in front of the camera, we're gonna spend an hour with you, walking you through facts.
Because here's what happens, that's why we call this Reality Check, actually. The real estate, the realty reality check. But because here's what happens, nothing like, there's two things where people go completely down the rabbit hole like they're on LSD. They lose their minds and they make up these stories in their heads. One of them is conspiracy theories, and one of them is real estate.
I've been doing real estate since I was 18 years old, so I've had a real estate life since 42 years. Wow, okay, so I've heard it all. And the one that no one gossips in America, like they gossip about what a piece of real estate sold for. They just make up crap. They just make it up. They go, well, I heard the neighbor. I heard the neighbor got two million dollars for that. I heard the neighbor. Or I heard that. I heard they knocked a half a million dollars off the price. Yeah, but did you hear that the entire garage had fallen in and the septic system was bad? Did you hear that part? That there's a reason they knocked it off. It's not because the real estate market is crashing. That there's actual facts and reasons and data under this. Did you hear? I heard the neighbor.
When someone starts their real estate diatribe narrative with I heard the neighbor, you're getting ready to hear bad information that some goober made up in the rumor mill and it's just not true. You needed to actually check the actual courthouse and see what the house actually sold for. My neighbor is asking $2.5 million. Well, hey, so mine is up for sale for $8 million. I mean, that doesn't mean any goober is going to pay that. What somebody is asking has nothing to do with reality because there are some people smoking drugs when they put their house on the market and they decide to ask that.
You know, I heard the neighbor is asking, who gives a crap? What you need to do with is an actual fax.

**George Kamel** (3:32)
Charts and graphs.

**Dave Ramsey** (3:33)
That's what we're going to help you with. We're going to teach you where real estate prices come from. Is there going to be a housing crash? No, there's not.
Spoiler alert. Then I'm going to walk you through exactly with actual math and data and economics and like fax and stuff. Instead of narrative and rumor.

**George Kamel** (3:55)
I did not know.

**Dave Ramsey** (3:55)
Hyperbole and drama.

**George Kamel** (3:57)
You are stirring up the pot, Dave. You just said, hey, the market is not going to crash. You would have thought, I mean, people are up in arms about this.

**Dave Ramsey** (4:03)
You piss people off when you come up against their little conspiracy theories. If I'm a little bent on the world coming to an end, I don't like it when someone says it's not.
I will give you facts and data that I make up from some conspiracy website. Because listen, 100% of what you hear on the internet is true. Abraham Lincoln said that. So there you go. Oh my gosh, people. Seriously. All right. So we're going to do actual facts and actual data. We're going to teach you about supply demand and how that works. We're going to teach you what recessions and inflation and interest rates do to real estate markets. And we're going to tell you exactly what's going on. And then you're going to understand where the real estate market is going to go in the next six months to two years. And you're going to be able to make good adult decisions instead of like a screaming beagle chasing a rabbit. Hey, hey, hey, hey, hey, hey, some of you people lose your minds.