Posted on 06/13/2021 11:57:39 AM PDT by Hojczyk
1. Hedge fund buys them up
2. Hedge fund provides section 8 rentals
3. Government provides monthly payment to hedge funds while driving down property value
4. Later, government provides stipend for previous section 8 rentals on sale or allows hedge funds to finance “rent to own” section 8 where govt funds essentially finance rent to own
Just means you have to pay more for a house or pay more for rent ...but don’t worry if the housing bubble bursts you get to pay to bail out the companies that bought all the houses in the first place !
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The bankers are betting only on inflation, Carter style...I was there. They haven’t studied Argentina Brazil or any other SA inflationary times....rents/ prices skyrocketed, inflation then brought on a currency decline / collapse...double whammy....wages did not keep pace with currency decline nor inflation, jobs disappeared, food shortages, the peasants start rioting, socialism voted in, landlords could not kick out those in the rentals/ fewer and fewer could afford house prices....this scenario took three years in Argentina, but it was initiated by a currency collapse, not inflation...that came later...end result, much pain and suffering.....I will add that $800 mortgage was LEGALLY tied to inflation to protect the bankers,,,,,it becomes 1,000, then 1200, then 20,000....despite what your legal mortgage stated. Food for thought.
I will add Blackrock is betting on inflation only, thinking the Fed will prevent a currency collapse.....keep in mind the USD did the dreaded death cross months ago, is bouncing around at 89-90, down from 120 a few years ago....a currency collapse is very possible, how likely? No idea, but if that happens, the ( housing) collapse is a certainty....we are on that road if our debt increases as slow Joe wants to do..I am expecting a USD currency slow mo crash ( due to the Fed instating the Fedcoin, a cashless society) possibly hitting the 70’s sooner than later....2024? Stay tuned, pray, enjoy life, no matter what Demented Joe and his Godless bunch are attempting.
Non issue? Care to expound on your profound but very terse opinion? It most certainly is a huge issue when they are artificially distorting the housing market and keeping many people from being able to buy.
Corporate Communism.
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Chinese Communism ...
Yep! I get calls to sell as well. I tell them I want 18.4 million, they don’t call again.
It ain’t just Chinese.
Bill Gates, Warren Buffet, George Soros, etc. are all part of the game.
It ain’t just Chinese.
Bill Gates, Warren Buffet, George Soros, etc. are all part of the game.
Bilderberg group.
It’s private money making an investment.
Smart folks are leveraging very cheap interest to invest in a steadily inflating asset.
You should too.
Thanks - I won’t go that high but high enough they won’t want to bother with me. Great idea Keyopper.
LOL! I’m going to say that, next call I get.
They’re even calling hubby’s cell phone, now.
:-(
1. They’re far more likely to have children, which means there is more wear and maintenance with them.
2. Your best tenants are going to be families that should be homeowners themselves.
The only people I know who have done really well renting single-family homes are those who operate in a specialized market renting homes to major corporations for executive housing. These aren’t your typical suburban homes. They are high-end homes that companies use when they relocate their senior executives for long-term, but temporary, assignments.
One guy I know was renting one of those homes in an affluent New York City suburb for something like $12,000 per month to an international investment bank. They would relocate senior executives there from Europe and Asia for 18-24 months at a time, and the company-paid home was part of the incentive they would offer to get those executives to move their families like that.
Bilderberg group.
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PLA
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