You will own nothing and you will be happy.

I have a theory. Why would Blackrock and other investment firms be buying homes up when they are on a high? Actually,....they are offering over asking price just to get the property. Why would they do this? Certainly goes against conventional thinking. You buy low and sell high of course. In fact,...everything points to the real estate market heading for a major drop in value. In fact the worlds economic system is heading for a crater. Hmmmmm.

My theory? They want them for rental properties only. But why would you want to be in the rental business during a massive recession/depression event only to spend all of your time in and out of eviction court and chasing money from people who dont have it because they are broke? You wouldnt.

But what if economic conditions changed so drastically that there would be no home ownership any more? With no way to pay the rent on your own the GOVT would basically section 8 the whole country and pay your rent for you. The investment firms would now have guaranteed payments month after month year after year in perpetuity and YOU would be a slave living in your quarters with your minimum basic needs met.

You will own nothing and you will be happy.

Yup, corporations need to be held back by the government.
 
You should tell that to your fellow libtard Conman,.....he thinks its all bullshit. :laugh:

I’ve been telling people that for decades, it’s the conservatives that push to give them free reign, calling government intervention “big government intrusion in the free market”.

It’s the same story with Wall-mart, paying a non-living wage while making huge bucks off of food stamps used by their employees.
 
I’ve been telling people that for decades, it’s the conservatives that push to give them free reign, calling government intervention “big government intrusion in the free market”.

I am quite conservative but even I believe that there has to be some constraint on big business. There HAS TO be. It cant be repressive though. Think safety net,...NOT CHAINS. IMO most people feel this way regardless of party.
 
I am quite conservative but even I believe that there has to be some constraint on big business. There HAS TO be. It cant be repressive though. Think safety net,...NOT CHAINS. IMO most people feel this way regardless of party.

We agree, except I don’t think most people agree.
 
We agree, except I don’t think most people agree.

I would hope most would agree with my statement. It is the reasonable alternative. It cant be ALL or NOTHING. There is much middle ground. We cant oppress business but we cant allow it to run amok either.
 
I would hope most would agree with my statement. It is the reasonable alternative. It cant be ALL or NOTHING. There is much middle ground. We cant oppress business but we cant allow it to run amok either.

I’ve never seen a limitation on any business a conservative on this board ever agreed with. Many might agree in theory, but never in practice.
 
You should tell that to your fellow libtard Conman,.....he thinks its all bullshit. :laugh:

No, your POSIT is bullshit. You claim that investment firms buying real estate signals that they believe a depression is on the way. It is evidence of the EXACT OPPOSITE belief. You are just too fucking stupid to understand that.
 
No, your POSIT is bullshit. You claim that investment firms buying real estate signals that they believe a depression is on the way. It is evidence of the EXACT OPPOSITE belief. You are just too fucking stupid to understand that.
Class war is destroying this nation. You think you're a lord and the rest of us are serfs. The rulers designed it that way to keep us bickering over petty bullshit. Will dems ever have the courage to storm the capitol?
 
I have a theory. Why would Blackrock and other investment firms be buying homes up when they are on a high? Actually,....they are offering over asking price just to get the property. Why would they do this? Certainly goes against conventional thinking. You buy low and sell high of course. In fact,...everything points to the real estate market heading for a major drop in value. In fact the worlds economic system is heading for a crater. Hmmmmm.

My theory? They want them for rental properties only. But why would you want to be in the rental business during a massive recession/depression event only to spend all of your time in and out of eviction court and chasing money from people who dont have it because they are broke? You wouldnt.

But what if economic conditions changed so drastically that there would be no home ownership any more? With no way to pay the rent on your own the GOVT would basically section 8 the whole country and pay your rent for you. The investment firms would now have guaranteed payments month after month year after year in perpetuity and YOU would be a slave living in your quarters with your minimum basic needs met.

You will own nothing and you will be happy.

See Sig.
 
The big question is this......What happens to those of us who own our homes and properties? In the interest of fairness are they seized? Forced to sell to Uncle Sam?

It will become like it is in some Turd World nations. 80 - 90% of the nation becomes renters of this sort while the other 10 to 20% remain owners. This small section of the country would consist of what are now the upper middle class and rich, just like it is in Turd World countries. There is no large middle class otherwise, and the 80 to 90% are in essence peasants or worse, for all intents slaves.

Throughout most of human history, this was the rule in nation after nation. It slows economic, intellectual, social, and every other sort of societal growth but for the 10 to 20% it's a great thing and they are the ones that control everything.

Right now, about 8.8% of Americans are millionaires. That's how this works. If you are in that group, or near it, you would be one of the 10 to 20% not stuck as a perpetual renter in a sucky job subject to the whims of government and the authorities.
 
It will become like it is in some Turd World nations. 80 - 90% of the nation becomes renters of this sort while the other 10 to 20% remain owners. This small section of the country would consist of what are now the upper middle class and rich, just like it is in Turd World countries. There is no large middle class otherwise, and the 80 to 90% are in essence peasants or worse, for all intents slaves.

Throughout most of human history, this was the rule in nation after nation. It slows economic, intellectual, social, and every other sort of societal growth but for the 10 to 20% it's a great thing and they are the ones that control everything.

The Revolution has certainly launched a full on assault of the middle class, for obvious reasons.
 
The Revolution has certainly launched a full on assault of the middle class, for obvious reasons.

But it is mindful not to overly piss off the upper end of the Middle Class. Do that, and you get another revolution that is likely very successful at overthrowing the current order.
 
I have a theory. Why would Blackrock and other investment firms be buying homes up when they are on a high? Actually,....they are offering over asking price just to get the property. Why would they do this? Certainly goes against conventional thinking. You buy low and sell high of course. In fact,...everything points to the real estate market heading for a major drop in value. In fact the worlds economic system is heading for a crater. Hmmmmm.

My theory? They want them for rental properties only. But why would you want to be in the rental business during a massive recession/depression event only to spend all of your time in and out of eviction court and chasing money from people who dont have it because they are broke? You wouldnt.

But what if economic conditions changed so drastically that there would be no home ownership any more? With no way to pay the rent on your own the GOVT would basically section 8 the whole country and pay your rent for you. The investment firms would now have guaranteed payments month after month year after year in perpetuity and YOU would be a slave living in your quarters with your minimum basic needs met.

You will own nothing and you will be happy.

We can thank the Fed for so many institutional investors getting into the residential market. Does the business model make sense with higher rates and a slowing market (or prices dropping)? Not sure it does. They may have millions ready to be deployed but no guarantee they do in these conditions. Talking to folks who do this they’ve said they are reevaluating their strategy going forward
 
But it is mindful not to overly piss off the upper end of the Middle Class. Do that, and you get another revolution that is likely very successful at overthrowing the current order.

America is now the land of the ignorant coward who is easily shamed and bullied into silence.
 
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