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To: dennisw

These corporate entities are buying up residential real estate as protection against the coming inflationary storm. If Congress actually worked for the people instead of their donors they would forbid/limit these investment companies from taking over the housing stock.

Elon Musk had some interesting statistics the other day showing the home building rate was insufficient to keep up with the number of illegals we are allowing in which will result in an even larger homeless population.


9 posted on 01/07/2024 8:21:46 AM PST by jimwatx
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To: jimwatx
"These corporate entities are buying up residential real estate as protection against the coming inflationary storm."

Inflation --
silver does better than gold. Though both do well.

Deflation-- silver will do awful.  Because it is an industrial metal. Gold less so. Green Federal Reserve Notes under your mattress will do the best. A very serious deflation means you can lose all or part of your "cash" that is in a bank. You will not be able to withdraw it. Or rules will say that you can only withdraw 50% right away

Under your mattress cash can be "withdrawn" at any time.

14 posted on 01/07/2024 8:35:12 AM PST by dennisw (Be positive. Every day is a new day.)
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To: jimwatx
...These corporate entities are buying up residential real estate as protection against the coming inflationary storm. If Congress actually worked for the people instead of their donors they would forbid/limit these investment companies from taking over the housing stock...

If you owned a home and wanted to sell you would have a very different view of these investment companies, who recognize the true value of the homes they are buying and keep prices up for ordinary sellers. Even if I decide to sell my home to an individual buyer, the presence of these investment companies in the market helps me with pricing.

What you are advocating is just another form of socialism.

20 posted on 01/07/2024 8:52:47 AM PST by CurlyDave
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To: jimwatx
If Congress actually worked for the people instead of their donors they would forbid/limit these investment companies from taking over the housing stock.

I remember back in the 1970s when everyone was in alarm of the Japanizes buying up all the commercial real-estate in the US. Direr predictions were made of the coming disaster.

And it was a disaster, for the Japanizes. All their investments began to overvalue the market and they ended up loosing their butts.

These investment brokers are making the same gamble. Home prices are overvalued as it is and I don't see them doing anything but going down in the foreseeable future.

A very risky investment if you ask me.

30 posted on 01/07/2024 8:59:35 AM PST by usurper (AI was born with a birth defect.)
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To: jimwatx
If Congress actually worked for the people instead of their donors they would forbid/limit these investment companies from taking over the housing stock.

You REALLY want a government THAT powerful?

56 posted on 01/07/2024 3:42:35 PM PST by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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