Posted on 08/28/2022 5:51:59 AM PDT by FarCenter
Housing is an industry, but it is also where people live, raise families, and stake their future. Yet increasingly, all around the world, housing has increasingly become just a commodity to be traded, often by foreigner investors, notably from China, as well as by large well-capitalized financial institutions who plan to cultivate a generation of lifelong renters. In the notorious words of the World Economic Forum, “You will own nothing, and love it.” Well, you may not love it, but the first part is coming true.
This shift has been taking place for decades, as the superrich and large investment companies buy up much of the land. In the United States, the proportion of land owned by the one hundred largest private landowners, reports the New York Times grew by nearly 50 percent between 2007 and 2017. In 2007, this group owned a total of 27 million acres of land, equivalent to the area of Maine and New Hampshire combined; a decade later, the one hundred largest landowners held 40.2 million acres, more than the entire area of New England.
In much of the American West, billionaires like Jeff Bezos, Bill Gates, and Ted Turner have created vast estates that systematically make the local population land-poor. Landownership in Europe, too, is becoming more concentrated in fewer hands. In Great Britain, where land prices have risen dramatically over the past decade, less than 1 percent of the population owns half of all the land. On the continent, farmland is being consolidated into larger holdings, while urban real estate has been falling into the hands of a small number of corporate owners and the mega-wealthy. Amidst instability in commodity and stock markets, this trend of big capital investment in housing may be expected to accelerate.
(Excerpt) Read more at americanmind.org ...
These b’tards are building Feudal System 2.0.. “You vill own noting und be happy..” Kaiser Klaus, Yuval Noah Harari, Bill Gates, Henry the K, Hussein Obama, and all the rest of the Globalist Elite need to be taught a lesson. The people in the Netherlands, Bangladesh, Sri Lanka and in other parts of the world are seeing the light. This will not end well…and rightfully so.
Why is it that only the WEF NAZIS will be allowed to own things and others can’t? I don’t recall a vote. Who made them Kings with dominion over all?
Klaus Schwab, just another megalomaniac German in need of elimination.
I had a really sad laugh the other day. A single mother contacted me, referred by a former renter. I told her I was refurbishing my only open rental for sale. She texted back that she might be interested if it was on acreage. I’m in a rural county. But it is within easy driving range of The People’s Republic of Tallahassee. The low-end renters and buyers in Tallahassee’s county, Leon, were long ago priced out of the market. They moved to adjacent rural counties and bought single-wides on an acre or so, in the woods. Most of that land has been bought by huge companies and subdivided, first into zero lotline traditional housing, and now into almost Soviet style huge apartment complexes.
The house I’m selling is in what was a bad neighborhood and there isn’t even a place on the plot where I can plant shade trees, as the area under the ground is consumed by a septic system, and various distributed wires and pipes. She wants acreage, like it was twenty years ago.
All of this is way over developed for the present market and the prices are falling like stones. A year ago, a nearby neighborhood had a sign reading, “from the low three-hundreds.” This for 1700 square foot stick-built homes on modest lots. Then it became “from the high three-hundreds.” Now, they can’t sell some of the remaining homes and they’ve already built the same number of homes on a much smaller plot. These are mostly unsold and will probably be taken by the government and turned into Section 8 housing, which will destroy the entire county.
This article is true to some degree, but at the same time its never been easier to become a partial landlord yourself via funds like REITs and firms like like Fundrise to take advantage of this shift, even if you still rent for your primary. I’d point out the US still has massive amounts of land thats really cheap for ownership, but folks would rather move to areas where others are - like Raleigh, Nashville, Tampa or DFW - and jobs are plentiful. Changes on regulations with development would help a lot but so far the only regulations we are getting, especially in blue hives, is pushing towards condos/apartments only.
That is the most accurate term for the globalist wet dream they are trying, successfully, to emplace.
The neoserfs, with vacant stares, applaud on cue.
This article is filled with non-sequitur statements like the above. The one above is particularly stupid and doesn't even state which "inequality" is being referenced. The author should know better.
65% of Americans own their home. This number has changed very little in a long time.
37% of Americans own their homes free + clear. This is the highest percentage of full ownership I’ve even seen.
Very few Americans have any interest in owning farm/ranch land.
About 6% of Americans own a second home for recreation.
6.7% of Americans own rental property, the average landlord own 1.7% rental units.
The rise of the latifundia, which occurred as the Roman empire declined.
I owned homes for 30 years. Renting cost less with less responsibility so we decided to sell the house and rent. Now, the drop in home prices is creating an opportunity to by another home, reduce costs in renting. With a 30 year VA, I can save 600 a month by purchasing a home.
BlackRock Behind Corporate Landlord Movement (4 minutes)
https://newtube.app/user/Hostage/aZXdOqd
For those with an hour to watch, the following will FULLY OPEN YOUR EYES:
MONOPOLY Who Owns The World?
https://rumble.com/vmyx1n-monopoly-who-owns-the-world-documentary-by-tim-gielen.html
It was taken down from YouTube but is available on Rumble at the link above.
Think housing costs are high now? Just imagine how much higher they will be if the DemoMarxist domestic enemies currently illegally occupying our government manage to import a 100 million more illegal invaders into the country effectively increasing the population by 1/3rd Could happen should they steal the midterms and 2024
When real estate prices are increasing people talk about how they are going to crash.
When it’s crashing people complain that it’s crashing.
Whether it’s booming or crashing people complain that rich people own too much of it.
But people never put those three things together and figure out what’s really going on.
I have been a ‘renter’, since ‘86, in various cities in Amerrica. NY, OREGON, LOUISIANA.
A horse barn/one car garage/studio house,ocated in Bohemia, NY, in 1986 cost me 575.00 a month, cash.
A one bedroom apt. in Central Louisiana in 2022 costs me 540.00 a month, online.
Oregon was a trying time between employment, colorectal cancer, and a wife convinced that “”I had to go out there and catch it.”
You are actually saving more than $600/month even in your example as some of your payment each month is going to principal vs $0 for rent, plus at 2-3% appreciation on average each year (just from inflation), you make a ton that way again vs none renting. Meanwhile, your mortgage payment barely changes while rents have gone up 3-4% a year on average for decades
The owners of the property you’re renting sure will love it.
And with a fixed VA loan, the interest rate will still be less than the annual renewals for renting. Granted, I have a golf course view, 2,000sf apartment which my wife and I have our own offices, commercial gas range with 8 burners and 2 convection ovens, if a light bulb goes out I make a call, and all the amenities one would ever want in their home.
After my rent went up 300 a month, I decided I had enough of this. I can buy a 3bd/2ba home in San Antonio for 250k and I do not have to put money down. It would still be cheaper than paying rent.
I am suspicious that the outrageous financial decisions made by our present government is tied to the great land grab.
I own a farm. I get an average of three letters a month from different small “family owned” companies who want to purchase the land.
Only when I check return phone numbers and addresses, I find that they are are connected to organizations far from their stated location.
Also of interest, even though these offers come from “family owned” realators with different cities as their return address, I have noted that quite a few use the the same computer font, a script font.
Script fonts are relatively rarely used in business correspondence.
And at a time when many families are feeling the pressures of inflation, employment uncertainty and resulting financial pressures.
In short, what better way to get control of land than to place the private owners in a tight spot financially to the point that selling out is the only way out.
A nutty conspiracy theory? Maybe. But think about all of the nutty theories of two or three years ago that are real life today.
After all, it is a fact that we have been told that we will own nothing and love it.
Buying always costs more than renting. If it didn’t, the people renting it to you would be losing money.
There are situations in which it might be best to rent. The main one being you KNOW 100% for sure you will not be in an area for more than a few years.
Closing costs (realtor etc) can lose you all the money saved by purchasing if you are only in the home for a short time.
The main problem with renting is that you are at the mercy of the landlord.
That includes quality of life issues (what you can and cannot do on/with the property) and financial issues (rising rents) and of course the landlord can decide they no longer wish to rent and you will have to leave (though it may be inconvenient for you to do so).
Of course property taxes and insurance can go up for property owners as well—but imho owning is the way to go if you are confident you will remain in an area for a long period of time.
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