BREAKING: “Ashley Hinson, Who Said Millennials are ‘Bad at Saving,’ Lived in Half Million Dollar House Her Parents Bought Her in L.A.”
MeidasTouch News: “Hinson’s Parents Bought Her a House in Hollywood for Her to Live in While She Attended USC, Then Sold the House After She Graduated for a Half Million Dollars”
DES MOINES – A breaking report from MeidasTouch News has uncovered that Ashley Hinson lived in a “half million dollar” house bought and paid for by her parents while she attended the University of Southern California.
The kicker: Today, the house would be “worth nearly $1 million.”
Earlier this month Hinson called millennials the “worst group of savers in the country right now” during a Senate debate, but the report shows Hinson enjoyed a lavish upbringing. High school friends called Hinson “one of the richest kids in school” and said she “drove luxury cars” in college.
The report comes as Hinson tries (and fails) to pitch herself to Iowans as a “working class mom,” despite the fact she has increased her net worth by up to 15x, owns up to $5 million in insurance stock, and spent $50,000 of taxpayer money on a “luxury” DC apartment.
Missed the report? See below for more key highlights:
MeidasTouch News: Ashley Hinson, who said millennials are ‘bad at saving, lived in half million dollar house her parents bought her in L.A.
- Republican Senate candidate Ashley Hinson’s parents bought her a house in Hollywood for her to live in while she attended USC, then sold the house after she graduated for a half million dollars. Hinson has attacked the financial habits of millennials saying “millennials are the worst group of savers in the country right now.”
- Hinson attended the University of Southern California (USC) in Los Angeles from 2001 to 2004. According to public records, Hinson’s parents purchased a house on Wilton Pl. in Los Angeles in 2001 for $260,000. They sold the house in 2005 for $560,000. The house was in the heart of Hollywood just blocks from the Sunset Strip. Adjusted for inflation, the 2005 sale of the house would be worth nearly $1 million today. For a temporary house for college.
- Hinson’s high school friends said growing up Hinson was “one of the richest kids in school.” When they visited her in L.A. they said she drove luxury cars, and would yell at bouncers for not letting her in clubs with a fake I.D., shouting she was, “the hottest blond here.”
- Hinson told moderators in a televised PBS debate earlier this month that her father taught her the value of compounding interest when she was in 6th grade in order to save for her future. In that same answer, Hinson attacked millennials as the “worst group of savers in the country right now.” The response came as Hinson was trying to push Trump savings accounts for younger Americans.
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