Money Matrix Podcast by Mbanc

New York Just Flipped Socialist — What Happens Next?


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Welcome back to the Money Matrix Podcast! In this explosive episode, Mayer, Jason, JRod, and Alan break down the biggest political and housing shifts shaking America right now. From New York’s surprise “blue wave” and Mamdani’s socialist victory to the growing billionaire exodus and talk of Wall Street relocating to Texas — the panel debates what this moment means for taxes, affordability, and the future of the American economy.


🟦 Politics & The “Blue Wave”

  • Mamdani’s win in NYC
  • Fear of billionaire flight
  • Talk of Wall Street moving to Texas
  • What this means for taxes & affordability

🏠 Housing Shock: First-Time Buyers Now Age 56

  • Young buyers disappearing from the market
  • Affordability crisis + lifestyle shift
  • Remote work vs. homeownership
  • Investors stepping in as renters increase

💰 Wealth Divide Growing

  • Kids selling inherited homes instead of keeping them
  • Immigrant drive vs. American-born comfort
  • The long-term impact on generational wealth

🏠 THE NON-QM ANGLE (For Borrowers & Investors)

At Mbanc, we help buyers, investors, and self-employed borrowers navigate markets like this — markets where traditional lending is broken.

If you want to buy, invest, or tap your equity without W-2s and tax returns:

👉 Call an Mbanc loan officer

👉 Or apply online anytime at mbanc.com


📍 Connect With Us

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@gombancWhere smart money finds a smarter way.

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Money Matrix Podcast by MbancBy Mbanc