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Why does no one want to accept that the government's plan is to take everyone's homes from them and then rent them back to us.
"you will own nothing and be happy".
It's not even hidden anymore.
Exactly, as I mentioned, this trend really started to accelerate during the Pandemic as commercial realestate is losing value and/or not being rented out, as people work from home and small businesses were shut down and investment firms started looking elsewhere. I posted this in August of last year as this problem really started to get attention.
You even have media like bloomberg even pushing for us to be a rent based society https://www.bloomberg.com/opinion/articles/2021-06-17/america-should-become-a-nation-of-renters
America Should Become a Nation of Renters
Then you see moves like this:
As per CNN: https://www.cnn.com/2021/08/02/business/family-homes-wall-street/index.html
Wall Street is buying up family homes. The rent checks are too juicy to ignore
Reuters - https://www.reuters.com/world/china...rty-amid-shifting-political-winds-2021-08-11/
Global investors bet on China's rental property amid shifting political winds
CNBC - https://www.cnbc.com/2021/07/26/int...ousing-during-pandemic-china-rushes-back.html
International buyers dropped out of U.S. housing during pandemic, but China is rushing back
You can also see how many properties they have bought over the last 10 years here
https://www.statista.com/statistics...erties-purchased-by-chinese-buyers-in-the-us/
These are all trends mentioned in this thread that are inflating the market. So what happens when people have to pay more and more in inflation and are no longer able to pay the juicy rent checks the investors are now collecting... that means the investment is no longer profitable, that then means these investment firms go into the red, which then leads to a crash.