[BobL]

Relax, this only temporary. The long-term plan is to remove single family houses and get people packed into high-rise apartments, where they can be served by public transit and no longer need cars. At that point, almost all of the 30% or so of the country that is occupied by housing can be restored to its original, pristine, state.

And I hope you RINO-haters look forward to this, since every November election you sit out brings us closer to this end-game.

[Myrddin]

Yellen's insane plan to tax "unrealized capital gains" is intended to seize the private property of the middle class. The Fed will print money (debasing the currency). The house will be appraised against the debased value of the currency and taxed on the "appreciated price" caused by the debasement. The homeowner won't have the money to pay this tax. Along comes Blackrock and buys the property to generate the money to pay the government. The homeowner is dispossessed and left with a fraction of the original value of the home. Lather, rinse, repeat until there are no privately owned homes.