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AOC: The average American now has to compete with private equity firms when they're in the market for a home
Twitter ^ | 03/11/2022 | AOC

Posted on 03/12/2022 8:10:06 AM PST by millenial4freedom

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To: millenial4freedom

She is right. But it is exactly the policies she wants. Except she wants to be the one in charge.


41 posted on 03/12/2022 11:24:12 AM PST by Organic Panic (Democrats. Memories as short as Joe Biden's eyes)
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To: imabadboy99

Right - but here in NJ the real killer will be the school taxes to pay unionized teachers to pretend to teach them. 2/3 of our sky-high taxes are for public schools.


42 posted on 03/12/2022 11:41:33 AM PST by kearnyirish2 (Affirmative action is economic warfare against white males (and therefore white families).)
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To: butlerweave

Even a retarded donkey finds a carrot every now and then. She’s right. Private equity is getting into residential housing in a big way. They want everyone to be renters. One more way to control and make you behave.


43 posted on 03/12/2022 11:59:29 AM PST by Wilderness Conservative (Nature is the ultimate conservative)
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To: millenial4freedom

I’d be willing to bet money that AOC didn’t know what the term “private equity” was before being elected to her current job. I’m unclear from her comment if she even knows what it means now.

Does the right to own things somehow prevent people from owning things?

There is no need for anyone to lose in a free and open market.

Socialism, however, has a 100% track record failure with many cases to study. It does not work economically to give people a better quality of life. It does not work when it comes to protecting every other human liberty.

It’s advocates are nothing more than religious zealots seeking to impose their failed religion on the world.

“We have these major, often private equity-backed companies, that are gobbling up homes in our housing market, which is already creating excess scarcity on top of the housing scarcity that already exists.”

Excess scarcity? Classic AOC. Is that anything like scarce excessiveness?

Does it occur to the office-holding dimwits like AOC that investors driving up house prices in predominantly minority neighborhoods might actually benefit many of the minority owners in those neighborhoods? Some of them who have bought and lived in these homes for a while might be able to sell and retire to better places to live. Does AOC not realize that investors are going to want to improve neighborhoods. They’ll increase the likelihood of safer, cleaner, more prosperous neighborhoods.


44 posted on 03/12/2022 6:25:06 PM PST by unlearner (Si vis pacem, para bellum. Let him who desires peace prepare for war.)
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To: unlearner

While you make a good point about existing asset holders (homeowners) in that this practice could benefit them, what benefit/advantage does this practice provide for those seeking to become homeowners, whose wages most assuredly have not kept up with Bidenflation?


45 posted on 03/13/2022 7:19:43 AM PDT by millenial4freedom (We are literally paying politicians, many of whom weren't dutifully elected, to worsen our lives!)
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To: Worldtraveler once upon a time

No Communist am I, but I find it interesting that the conservative view of “less government” and Engels “withering” of government point in a strikingly similar direction.


Worthy of thought. For conservativess, freedom and responsibility should be the goal. for the communists the goal is destruction and replace. Less govt is a method.

We need to clearly understand what we are fighting for. Fighting for what you don’t want takes you no where and makes you a tool for others.

Folks,

If I shake you awake in the middle of the night and ask you are fighting for, after you reach for your gun, what do you tell me?


46 posted on 03/13/2022 9:27:44 AM PDT by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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To: PeterPrinciple
--- "For conservativess, freedom and responsibility should be the goal."

Thank you for the reasoned response.

I have come to abandon the dualistic simplicity of the political model, in favor of at least a three pole model, in which government corruption and self-serving is that third pole.

Your statement of goals above is right on the money. The criminally corrupt want us torn by division, because it keeps the focus off them.

47 posted on 03/13/2022 9:36:39 AM PDT by Worldtraveler once upon a time
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To: Worldtraveler once upon a time

The criminally corrupt want us torn by division, because it keeps the focus off them.


But division is a good tool. The rats have so many points of division they can’t unite any more.

Jesus came to divide. No one likes that statement.

Jesus came to unite. That they like.

So how do we reconcile those “opposing” statements? The answer is, the point of division and unification are the same. In the case of Jesus, what is the point of division and unification?

People don’t like Trump because he is divisive. That is all they know, but what is the point of the division?

For me, Trumps point of division and unification is MAGA. It is our heritage. It is going back to the basics. Our Founding Fathers had clear ideas of what they wanted.


48 posted on 03/13/2022 9:54:20 AM PDT by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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To: PeterPrinciple
--- "So how do we reconcile those “opposing” statements?"

If I may propose an alternative synonym. To separate, in the sense of running an assay or making a distinction between elements with the aim of greater clarity.

After all, of us was written "...they should declare the causes which impel them to the Separation."

Best wishes.

49 posted on 03/13/2022 10:01:38 AM PDT by Worldtraveler once upon a time
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To: millenial4freedom

Homes traditionally appreciate due to real estate being a limited resource and population growth driving up demand.

In this case inflation is part of the issue.

There are pros and cons to appreciating home prices. They can provide a hedge against inflation by equity growing rather than dollars in the bank depreciating. But also things like real estate taxes go up with higher valuation. There’s also capital gains when selling. Etc.

Inflation is generally bad for everyone but those who have the power to print money. Its a hidden tax on all dollar holders.

Not all residents benefit from appreciating real estate. But they all benefit from living in a country with a free market economy.

This is the main thing AOC fails to understand.


50 posted on 03/13/2022 2:54:24 PM PDT by unlearner (Si vis pacem, para bellum. Let him who desires peace prepare for war.)
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To: unlearner

Image to having also compete with politicians.


51 posted on 03/13/2022 3:05:10 PM PDT by Justa (If where you came from is so great then why aren't Floridians moving there?)
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