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flag Treasury Secretary Scott Bessent faced criticism for claiming retirees could own 5–12 homes, a claim dismissed as unrealistic.

flag Treasury Secretary Scott Bessent drew backlash for suggesting retirees might own five to twelve homes, a claim dismissed as unrealistic by critics. flag Speaking at the 2026 World Economic Forum, he defended President Trump’s plan to limit institutional homebuyers, arguing it would protect individual investors. flag The comment sparked ridicule online, with officials and the public highlighting the gap between his remarks and data showing most Americans own one home, first-time buyers are at a record low, and homeownership remains unattainable for many renters.

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