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re: WSJ: Wall Street Has Spent Billions Buying Homes. A Crackdown Is Looming.

Posted on 4/29/24 at 10:07 am to
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
71568 posts
Posted on 4/29/24 at 10:07 am to
Let's be honest, the right people will get paid off and it will continue.

My personal theory is home "ownership" will be considered a right, and a lot of these homes will be moved to a section 8 style situation. PE gets their money, government gets their kickbacks, and people get to live in houses.
This post was edited on 4/29/24 at 10:09 am
Posted by AwgustaDawg
CSRA
Member since Jan 2023
7349 posts
Posted on 4/29/24 at 10:43 am to
quote:

et's be honest, the right people will get paid off and it will continue.

My personal theory is home "ownership" will be considered a right, and a lot of these homes will be moved to a section 8 style situation. PE gets their money, government gets their kickbacks, and people get to live in houses.


No ideal but building codes and prices are going to make it necessary. Folks got to have a place to live or they will live under bridges....and are. Can't have nice shite without it costing someone....there ain't no free lunches.
Posted by Westbank111
Armpit of America
Member since Sep 2013
2058 posts
Posted on 4/29/24 at 2:41 pm to
All those homes will be housing the illegals and the Gov’t will pay Blackrock large rental payments and the cycle will continue.

We are beyond screwed! If it weren’t for finishing raising my kids, I’d liquidate and go to Colombia, although they stole an election down there and I’m afraid it may move towards communism like its neighboring Venezuala was corrupted with Hugo Chavez in 1999 when they rigged the election with Dominion Voting machines.

The cost of living down there and other countries similar is unreal! You can live like a king for a fraction of the price here. And even the poverty folks are happy and you don’t see drug addicts everywhere and homeless camps. It’s an old school way of living that the USA has lost because we are forced into the rat race matrix to stay afloat..

Moral to The story, I don’t know if this country is salvageable without another civil war, we have been hijacked by the globalist and Corporations they control. The cards will be stacked against us more aggressively and will get worse before It can get better.
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