Once-Affordable US Housing Markets Are Now Out of Reach for Most

In my area, a move in ready 2 bd 1 bath house, only 1000sqft and 1 car garage built in 1910 with a 1/4ac lot is 250 to 300k

I can't save 60k for a down-payment and closing. That's ridiculous.

You don’t make enough for where you live. Move.

Hows that going to work for businesses?

They will be forced to pay their employees in digital?

Corporations are buying homes and turning them into AirBnBs, paying OVER market value to acquire these houses

Some places are beginning to enact laws against this practice

Gonna be funny when those homes sit empty with no one able to buy or rent them.

The housing prices should start falling rapidly once the recession kicks in next year. And once the vaccine die off leaves millions of houses vacant.

Americans are committing collective suicide.

The USA is a bankrupt warmongering police state, but no one cares because the elites are increasing the debt to dole out welfare and inflate the stock market.

There is no way 9/11, 2008, and this virus will end well.

Raising the debt is all fun and games until inflation hits 1 million percent, everyone is eating out of trash cans, and Americans are sent to the concentration camps.

In an environment like this, the most reasonable response now for freedom-lovers is to drop out, go Galt, and go off the grid.

Living in a police state means that your life duty is to escape and evade.

Look for loopholes.

Become a nameless and stateless nomad.

Use agents to buy property.

Ask friends to rent rooms for you.

Barter.

Boycott businesses that require your temperature, masks, vaccines, ID cards, fingerprints, or DNA.

Don't pay taxes.

Don't carry a mobile phone around.

Don't get driver licenses, fishing licenses, or business licenses.

Withdraw from the system.

Buy guns, gold, and food.

Stay near borders.

When dealing with Gestapo, smile, pretend to be stupid, remain silent, and don't consent to searches. Pretend to be deaf or not understand English if pressed.

Work off the books

Use the black market.

Use cash.

Pass the word.

Biden destroying the middle class

They are not going empty. They are giving them to blacks and illegals through section 8. Paid for by our tax dollars. I know, our subdivision is now a section 8 housing tract. Blackrock buys up any house that goes up for sale here. It is then rented to the undesirables.

The middle class has been being destroyed since the 60s. Try to keep up.

I was born in the seventies and figured out in my own that taking my dad’s manual labor path was a dead end. So I educated myself and married a woman that was. We’ve done fine. More than fine.

Ever been to another country? I’ve been to many. Even in the poorest countries the college educated do well. Be them.

Hows that going to work for businesses?

They will be forced to pay their employees in digital?

Nope.

There are already hundreds of thousands of vacant homes and apartments.

They would rather see them empty than lower prices.

Once-Affordable US Housing Markets Are Now Out of Reach for Most

[link to www.bloomberg.com (secure)]

They bought everything up and raised the prices on rent and interest rates. It’s what Dems do. They pretend to give you more free money then take it by raising prices and rates.

They use you like Hunter uses US foreign policy and funding. You are just the canal they stroke till they get their happy endings.

Nope. 17% of houses in this country are vacant.

They bought everything up and raised the prices on rent and interest rates. It’s what Dems do......