I'm Managing Money For God'—Dave Ramsey Says Him Owning '15-20 Houses' Isn't Greedy—Because 'God Owns It, And I'm Just Managing It For Him'

Personal finance guru Dave Ramsey is pushing back against the idea that owning multiple properties is a sign of greed. In a recent video, Ramsey and co-host Rachel Cruze addressed a question about whether Christians should view property accumulation as unethical.

Owning Homes Isn’t the Problem, Ramsey Says

Ramsey dismissed the claim that investors are to blame for the housing shortage, stating, "Investors buying up houses is not causing the housing shortage." He acknowledged that large hedge funds like Blackstone do buy homes, but their impact is not as dramatic as social media suggests. "It probably is to some extent, but not as much as TikTok says it is."

Owning multiple properties doesn't make you greedy. Greed isn't about how much you have—it's about your heart.

If you've got three bathrooms, two cars, and a retirement account, does that make you greedy? No. Because greed isn't an amount, it's a spirit.

Let's stop letting… pic.twitter.com/4uEaMaAaKn

— Dave Ramsey (@DaveRamsey) February 28, 2025

Don't Miss:

• ‘Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. You can invest today for just $0.26/share with a $1000 minimum.
• BlackRock is calling 2025 the year of alternative assets. One firm from NYC has quietly built a group of 60,000+ investors who have all joined in on an alt asset class previously exclusive to billionaires like Bezos and Gates.

He took issue with people getting their economic information from social media, joking, "You really don't want your economic lessons on TikTok." When Cruze jokingly pointed out he is also on TikTok, Ramsey said, “I know, but that just proves that I’m lacking in judgment.”

Wealth vs. Greed

Ramsey, who admits to owning "15-20 houses and a bunch of commercial real estate," says his wealth isn't about greed because, as a Christian, he believes that God owns everything. "I don't own anything. I'm a Christian, and that means God owns it and I'm managing it for Him."

For Ramsey, greed isn't about how much someone owns. "If you've got three bathrooms, you have three more than most people in the world. Why are you not greedy? If you have two cars, you have two cars more than most people in the world." His argument is that greed is not about numbers, but rather a person's mindset. "Greed is a spirit. It is not an amount."

Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — you can become an investor for $0.80 per share today.

A Christian Perspective on Wealth

Ramsey also pushed back against the idea that Christians should give away all excess wealth, saying, "I'm managing money for God. That's my job." He criticized those who equate wealth accumulation with immorality, arguing that such views are rooted in ancient heretical beliefs. "That's a form of heresy called gnosticism that believes that the material is bad. And anyone that has the material, their soul is in jeopardy."

He concluded with a blunt message to those who disagree: "If you want to be a communist, just be a communist. Don't try to blame Christianity for it. If you want to be a socialist, just be a socialist. Don't try to blame Christianity for it."

Read Next:

• Many are surprised by Mark Cuban's advice for lotto winners: Cash or annuity?
• Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – Many are rushing to grab 4,000 of its pre-IPO shares for just $0.26/share!