Idiot Scott Bessent Thinks Mom And Pop Retirees Own Up To 12 Homes

During a discussion on protecting single-family homes from large institutional investors with Fox News host Maria Bartiromo in Davos, Switzerland, Scott Bessent demonstrated yet again how much of an out of touch idiot he is with most of America by believing average retired "mom and and pop" investors own, "5, 10, 12 homes."

This the the Ivory tower Trump's $500 million Treasury Secretary lives in.

BESSENT: Institutional investors can deduct the borrowing amount, but they can also expense any repairs and depreciation.