Our Children Are Enslaved

Posted on May 1, 2024 by DRenegade
    
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xtron
xtron
8 months ago

seems to me we have done this a couple of times before.
in the ’80’s investors drove the price of farm land up until farmers could not afford to buy, or even rent any they didn’t already own. then the bubble burst and prices returned to more sane levels.
then there was the dot com bubble. same thing, except tech stocks replaced land. next it was the housing bubble.
when nobody will pay the asking price of a property, and the space is sitting empty because the asking rent is too high, the investors will have to drop the price to get the non preforming property off the book, or the space occupied. for them the choices will be take a loss or go bankrupt.
as long as the federal government keeps out of it, the market will correct itself.

Al Buckner
Al Buckner
8 months ago

This past year I’ve had several cash offers for my home ‘as is’, Guaranteed 30-day closing. Offers were average 35% less than market value. These are big state real-estate firms or large investment firms.
BlackRock and Vanguard two of the elite which owns stake in all of the 12 group companies in the United States markets. They control our life rather we want to admit it or not. They don’t actually own real-estate, but they invest in companies that deal with housing. Blackrock owns almost 7% in American Homes for Rent, which owns almost 60,000 homes in United States.
Blackstone Group is the biggest buyer of single family houses with an estimated $2.5 billion totaling up to 16,000 single-family houses. Invitation Homes largest single owner of single-family rental homes of single-family rental homes,managing more than 80,000 homes.
We are becoming a nation of rentals…..just another way to control your life.