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Posted on 6/9/21 at 8:56 pm to stout
I posted a thread about the great reset early on during the scamdemic and was laughed at
Posted on 6/9/21 at 8:56 pm to Klark Kent
quote:
inflation is right wing nonsense.
if you ignore everything that is going up in price, there is no inflation
Posted on 6/9/21 at 8:58 pm to stout
PE has been buying residential properties for rental for quite a while.
Okay this is a total B.S. narrative. There are plenty of better asset classes to build wealth if you're lower or middle class. Not to mention that group is skewed young and assumed to never move in and out of those income and savings levels they are currently in.
quote:
Now, your potential lower to middle class home owner is positioned to be a permanent renter. This matters because for the lower and middle class owning a home is the most major part of any financial success, and future upward mobility.
Okay this is a total B.S. narrative. There are plenty of better asset classes to build wealth if you're lower or middle class. Not to mention that group is skewed young and assumed to never move in and out of those income and savings levels they are currently in.
Posted on 6/9/21 at 8:58 pm to WylieTiger
I'd gtho of any metropolitan area. We need a type of voluntary migration. A 2nd "white flight ".
Posted on 6/9/21 at 8:58 pm to gizmothepug
quote:
In other words, run the good people out of neighborhoods all the way out to the country once the trash starts moving in, then repeat the process all over again.
No. Do your research on what the great reset is. They want to kill the middle class. It's like the precursor to some Hunger Games shite.
Posted on 6/9/21 at 8:58 pm to stout
Everyone keeps trying to warn the lower and middle classes that the corporations and wealthy are setting up to ram a giant rod in our asses, but nooOOOOOoooo. Gotta protect the rich at all costs from the feds!
Posted on 6/9/21 at 8:58 pm to Klark Kent
quote:
The Spleen told me in a thread earlier that this talk of inflation is right wing nonsense.
That retard will tow the line for whatever the left's current crusade may be.
Posted on 6/9/21 at 9:00 pm to stout
Our leaders are not indifferent to us, they actually hate us. They are doing everything they can to make life for the average middle class American worse and worse, more difficult in every sense.
This is just devastating.
This is just devastating.
Posted on 6/9/21 at 9:00 pm to nugget
4-4.5%
Posted on 6/9/21 at 9:00 pm to stout
So this is the iShares real estate ETFs buying these?
Maybe REZ?
Maybe REZ?
Posted on 6/9/21 at 9:01 pm to Horsemeat
quote:
Gotta protect the rich at all costs from the feds!
Politicians, the rich, and corporations are all the same. If you squeeze out the middle class and small business, there’s nobody to compete with. You then set the prices however you want.
Posted on 6/9/21 at 9:02 pm to Paul Allen
Prime was over 8% 15 years ago
Posted on 6/9/21 at 9:02 pm to Klark Kent
quote:
The Spleen told me in a thread earlier that this talk of inflation is right wing nonsense.
[moves more money into stock market and purchases 20 more silver eagles]
Posted on 6/9/21 at 9:05 pm to Paul Allen
quote:
4-4.5%
Rates werent in the 4s 15yrs ago
Posted on 6/9/21 at 9:05 pm to stout
quote:This is fun. They're ramping up to blame "capitalists" for this when the real cause is the Fed Reserve and government.
“Limited housing supply, low rates, a global reach for yield, and what we’re calling the institutionalization of real-estate investors has set the stage for another speculative investor-driven home price bubble,”
Posted on 6/9/21 at 9:06 pm to SDVTiger
They were 10 years ago maybe mid 5’s to low 6’s 15 years ago
Posted on 6/9/21 at 9:08 pm to Horsemeat
quote:
Everyone keeps trying to warn the lower and middle classes that the corporations and wealthy are setting up to ram a giant rod in our asses, but nooOOOOOoooo. Gotta protect the rich at all costs from the feds!
You haven't a clue what this story is about.
Posted on 6/9/21 at 9:09 pm to LeMarteau
Was an article I read this week at 5.6 million homeowners were behind or in foreclosure. You can’t get another load for at least 3 year and that is FHA. So those who lose their house will be renting for 3+ years.
Also, how bad of investor do you have to be if you buy up a DR Horton subdivision.....
Also, how bad of investor do you have to be if you buy up a DR Horton subdivision.....
Posted on 6/9/21 at 9:09 pm to stout
The middle class, which is the most important class, is the class that gets screwed the most.
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