Blackwater Lunchbreak (07-04-2022), Celticguy (07-04-2022), goat (07-03-2022), Grokmaster (07-03-2022), Life is Golden (07-03-2022)
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.
Blackwater Lunchbreak (07-04-2022), Celticguy (07-04-2022), goat (07-03-2022), Grokmaster (07-03-2022), Life is Golden (07-03-2022)
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?
Grokmaster (07-03-2022)
It's called neo-feudalism. Stand up and fight or bow to the landlords.
Galacticly stupid post. Beyond fucking stupid. Yes you utter fucking assclown. No one will have a job. So how in the fu k do you suppose the government would get this money? Jesus Christ just fucking stop posting. Your abject fucking stupidity is making everyone who reads dumber. My God a five year old could figure this the fuck out. Rents have increased faster than home values. How do you even tie your fucking shoes in the morning?
Diesel (07-04-2022), Guno צְבִי (07-03-2022)
Grokmaster (07-03-2022)
Diesel (07-04-2022), Guno צְבִי (07-03-2022)
I wonder why all those poor people with low end jobs got evicted? WTF....they had a job!
I wonder how it is that debt collectors can garnish some poor saps wages if he goes bad on a debt? WTF......He had a job! How is it possible to not pay the debt?!!!
Stone (07-03-2022)
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