Thiel Says Housing Crisis Pushes Millennials Toward Socialism
- Peter Thiel's 2020 private email resurfaced and went viral after Zohran Mamdani's mayoral victory, with Chamath Palihapitiya posting a screenshot on X on November 5, 2025, and Business Insider verifying it.
- Peter Thiel wrote in January 2020 that too much student debt and unaffordable housing leave Millennials with negative capital, noting 70% identify as pro-socialist in a message to Mark Zuckerberg, Facebook CEO, and Marc Andreessen, venture capitalist.
- Thiel told the Free Press Friday that strict zoning and construction limits have benefited boomers while making homebuying extremely hard for millennials, warning this could push young people toward extremist ideologies.
- Polling expert Frank Luntz called the off-year results a 'wake-up call' as an August Gallup poll found 49% adults 18 to 34 held a positive view of socialism.
- Thiel, often described as a libertarian who supported President Donald Trump, urged Mark Zuckerberg and tech leadership to address young Americans' growing disconnection, saying he would be the last to advocate socialism.
21 Articles
21 Articles
Peter Thiel Warns Capitalism Crisis Fueling Socialist Shift Among Millennials After Mamdani's NYC Win - PayPal Holdings (NASDAQ:PYPL), Meta Platforms (NASDAQ:META)
Peter Thiel warned that housing failures are pushing young Americans toward socialism after Zohran Mamdani's election as New York City mayor.
Explaining Mamdani’s appeal to the young, with polling
It’s a sad week for the de facto capital of the world, New York City. The epicenter of American finance, media, and dynamism now enters a self-imposed trajectory of decline.But those of us on the populist right should not merely shake our heads and bemoan the extremism of Zohran Mamdani, frightening though it is. Instead, we must understand his appeal, so that we might effectively counter his un-American ideas and continue to build on our 2024 t…
A young politician from Queens conquers the town hall and inspires democrats nationwide.
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