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/biz/ - Business & Finance


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22603756 No.22603756 [Reply] [Original]

https://www.wsj.com/articles/millions-are-house-rich-but-cash-poor-wall-street-landlords-are-ready-11600421401

>> No.22603910

Bump.

>> No.22603949

>>22603756
it was the plan from the beginning

>> No.22603974

>lots of people start selling their houses
>wall street, with the trillions of corona virus government bailout money they got, snatch up all the houses and prevent the prices from declining much
fuck america, communism should have won the cold war

>> No.22604002

>>22603756
>news
this is done every couple decades, would be a pity if middle class became too comfy with wealth

>> No.22604017
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22604017

>>22603756
Their plan won't work out

>> No.22604035
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22604035

>>22603974

>> No.22604039

based wall street ready to hold some serious bags/bailout the cities by paying their property taxes

garbage is garbage no matter who owns it

>> No.22604073

This should be really infuriating.

Are Americans this cucked?

>> No.22604113

>>22603974
>Government money enables house snatching
>More government please!
Terrible bait though

>> No.22604116

someone pls copy paste from behind paywall

>> No.22604122

>>22604073

the average American retard won’t figure it out until 10 years from now

>> No.22604150

>>22604073
Yes. Our nation was sold out by greedy boomers/jews/freemasons/whatever starting precipitously in the 1980s with the off shoring to chink countries. American leaders at least used to pass policies to financially help americans now it’s a corporate greed driven shit show. Wish I could have the pride in America my grandfathers mustve had

>> No.22604157
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22604157

im hoping that robots disrupt the housing market in the next couple of decades, i think we're on the cusp of robots building houses much cheaper, and if you could build a house more efficiently the cost of home ownership will plummet.

>> No.22604174

>>22603974
Fuck communism. National Socialism was the right choice, except it obviously threatened kikes, forcing them to convince their American and British goy cattle to oyveyshutitdown, then make up lies about a "holocaust" that never happened to ensure that the superior anti-communist political ideology would never make a come back. Commies were starving and miserable. Germans looked happier and more full of pride than any people seen since. But here we are, at the start of the second Bolshevik Revolution and the people are getting fed up with commie bullshit. It is inevitable that a second Hitler will rise and all you commie trash and kikes will get the ovens. FOR REAL THIS TIME.

>> No.22604213

>>22603974
>communism should have won the cold war
But it has.
> Laughs in Yuri Bezmenov

>> No.22604228

>>22604157
Pre-fab homes and tiny houses anon, the future is now.

>> No.22604232

>>22604157
are you retarded. ever heard of zoning?

>> No.22604287

I just want this entire country to burn

>> No.22604362

>>22604113
More government for the people, with more civil and human rights protections, less government for the rich.

We are no longer a nation of citizens. We are a divided nation of rich and poor. You are in the poor category, even with your lambo. You need 200 lambos and 5 yachts and 800 homes being rented out to be who Orange Man (who is bad) America supports.

>> No.22604461

>>22604232
>cheap affordable housing just buy this 3D printer for a fraction of the cost of a down payment
>millions of desperate zoomers just start shitting these things out
>government burns them down and show true colors
>revolution.exe
I see no fault in this

>> No.22604529

>>22604362
just move to a communist nation

>> No.22604600

>>22604174
They have literally manifested a real holocaust for themselves by spewing all their lies about it over the years, their hubris will be their downfall for the 110th time.

>> No.22604632

>>22603974
>fuck the allies, Germany should have won the WWII
ftfy

>> No.22604665

>>22604017
soon...

>> No.22604867

>>22604157
Just like all the rocketships and hoverboards they thought we'd have in the 50s, right anon?

>> No.22604929

>>22604461
They're bidding up land, increasing municipal fees, and the cost of running power lines and sewer pipes to new land. The labour cost is a small fraction and only went up so quickly this past decade because of jealousy of middle men making money hand over fist bidding up land.

It's way too expensive to go fabricated unless you are talking generators and solar panels, a well and a septic tank. Then you can kind of do it if the land is flat enough to get you to a road without building one. Shit is designed to be prohibitive with as few workarounds as possible.

>> No.22605051

>>22604157
I think most of the cost is still the land

>> No.22605242

>>22604929
in canada they charge you double tax if you decide to build your own home. and they make it as prohibitive as possible with red tape and environmental assessments. it's fucking disgusting

>> No.22605311

>>22604116
just use archive.is

>> No.22605485

>>22604039
americans dont realize if they dont do this private and/or foreign investors will buy uo everything cheap and instead of banks we'll be owned by china. theyll hold prices steady and find new avenues for people to get jobs. mobile homes to stay near the job sites (mining, forestry) will become popular as well.

>> No.22605603

>>22604362
Move to Venezuela.

>> No.22605632

>>22603974
You mean fascism

>> No.22605651

>>22605485
How is any of that bad though? If you can't afford a home why should the government bail you out?

Doesn't matter if it's foreign investors. All that matters is that they have the money to pay.

>> No.22605672

>>22604157
It's about land and location, not material costs

>> No.22605678

>>22603756
i think (((the fed))) already owns 30% of housing via mortgage backed securities

>> No.22605688

>>22605651
>Doesn't matter if it's foreign investors
kys faggot

>> No.22605699

>>22604529
>>22605603

>if you don't like being enslaved by the wealthy elite, just move!

enjoy it while you can kikes

>> No.22605714

>>22603974
Nothing makes a commie angrier than a fully stocked grocery store

>> No.22605720

>>22605688
>NOOOO THE BANKS SHOULD GIVE ME HOUSING EVEN IF I HAVE NO MONEY TO PAY WITH!!

>> No.22605732

>>22605651
> t. Kike or chink.

>> No.22605761

>>22605720
didn't say that faggot. you jews sure do love to make up shit instead of addressing actual issues

>> No.22605782

>>22603756
The middle class is unusual historically.
We are entering neo-feudalism.

>> No.22605823

>>22605699
>Doesn't understand the joke
>Keeps repeating the joke

>> No.22605850

>>22605761
You didn't say anything though because you have no actual argument.

>> No.22605860

>>22605720
Not monopolizing is not the same thing as giving

>> No.22605879

>>22605860
How is it "monopilizing". Explain.

>> No.22605922

>>22605782
This really.
The middle class is a completely alien concept in human history, it's a 50 years period in 5000 years of civilization.

>> No.22605948

>>22605850
how about we don't let banks or foreigners buy up a shit ton of homes for investing purposes. does that make your kike brain explode

>> No.22605956
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22605956

>>22604122
Let me just reiterate:
>finally afford down payment after scrambling your low-PPP dollars at your job
>buy a house
>pay it off in another 20 years
>die but at least your kids inherit house
>oopsie, ((government)) and ((big businesses)) squeezes out small business via cheap government loans (infinite runway), those same big businesses outsource the jobs and get government gibs
>now your kids are forced to sell the house, get into rent and moreover their cash is getting devalued each year too
>coincidentally, the only safe place where money is not getting burned is only accessible to government or big banks

how is this scheme not obvious to americans?? you don't even have to be over 90 iq to figure that out.

It's a perpetual slavery to squeeze out working class into the cold

>> No.22605974

>>22603974
You're both politically and economically an illiterate. That can't be more far from capitalism, if anything we live in shit times because every day we lean more towards unfair state control that enables criminals to keep multiplying their fortune by suppressing the free market. In an actual capitalist society most of these corrupt politics and zombie companies would die immediately, allowing true competition, better prices and job creation.

>> No.22605972

>>22605948
You don't own that land. If you don't want banks or foreign investors to have it then buy it yourself.

>> No.22606053

>>22605879
Land ownership is by definition a monopoly on that parcel of land

>> No.22606063

>>22605922
Except with sound money poor people live decently well as well. Go look at what the average 37% of the population made in 1913. Its about 2k a year. With $20 gold thats 100 oz of gold a year. 37% of the US population today does not make enough to buy 100oz of gold a year.

>> No.22606119

>>22605956
Because the government can always point at whitey and rile up minorities who own even less

>> No.22606143

>>22606053
If you don't like the idea of lawn ownership then move. China will be happy to have you.

>> No.22606152

im only buying a house to rent out. how the fuck would this affect me? this is my 1st home purchase

>> No.22606158

>>22605972
typical kike response. national socialism is coming, so enjoy your ill-gotten gains while you can.

>>22605974
>it's not real capitalism!!!! real capitalism has never been tried!!!!1111

>> No.22606184

>>22606158
>national socialism is coming
Every year since 2015 apparently.

What will actually happen:

>the cops riddle you with bullets the second you try anything

The end.

Keep LARPing, insect. kek.

>> No.22606331

>>22606063
doesn't that have more to do with population growth?
if the population goes up by 10x, the mined+easily mined gold doesn't go up by 10x, regardless of what the money supply is

>> No.22606347

>>22606184
The police can barely handle the protests now. Wait until the white militias start popping up

>> No.22606404

>>22606184
cops have been terrorized as recent riots show
they are pretty tough when they believe they have the upper hand
but they will fold like a cheap lawnchair if up against numbers with resolve
and we know who they are
and they down know who we are
cops would be smart to pick the right side
but they aren't so they better hope it never comes to that

>> No.22606594

>>22605956
america is extremely difficult to describe business wise. ive had germans and norwegians explain to me where their countries wealth comes from, what people are good at, the nations goals etc., you cant do that here. nothing sticks on this continent and i dont know why. i think the native souls settled it ideologically. we encourage the degeneracy that has enslaved other nations, we practice it as our heritage. that sets the necessity of regular floods. small businesses that cant compete with corporations are getting btfo, sure, retail and restaurants and hotels were overpriced shit beforehand anyways, but every day i see the real go getters adapting to the situation. people becoming ethots, drone pilots, programmers, professional gamers. those people become the new economy. if you dont survive the flood you drown in the sex and drugs with your fellow american, relegating yourself to beer in a trailer with television and video games. the disaster is that fate is not a bad one, its comfortable, and your collective consumerist judgement guides those who work.

>> No.22606802

>>22606404

The weak will die and the strong will live; so very simple. Never support weakness...

>> No.22606844
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22606844

>>22603974
If I was a billionaire I would buy whole cities property and rent it out laughing. Fuck you dumb sheep who happened to be born in your situation

>> No.22606887
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22606887

>The most house-hungry of these investors are the rental companies formed a decade ago to gobble up foreclosed homes by the thousands. They were expanding before the pandemic, wagering on a permanent suburban rental class. The economic distress brought by the lockdown has only made investors more excited about such companies' prospects.

The fact that FED and others planned zero interest rates before the pandemic to enable these parasites is an atrocity.

>> No.22607000
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22607000

So uh, what's left for Americans to invest in now that Housing is dead? Prostitution?

>> No.22607020

>>22606594
>america is extremely difficult to describe business wise. ive had germans and norwegians explain to me where their countries wealth comes from, what people are good at, the nations goals etc., you cant do that here

americas wealth mostly comes from its main export: its own inflation.
normally when a country makes its money printing presses go brrrrr like crazy, its own people have to pay the price. not with america: since it forces the entire globe to accept the dollar, it effectively exchanges goods, patents, technologies, rights etc. for literally nothing.
don't like it? largest military in history lmao

>> No.22607589

>>22603756
>They're trying
You cannot try to do something that is already done.
>>22603949
>it was the plan from the beginning
Everything is happening as planned.

>> No.22608162

>>22606404

Go back

>> No.22608467
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22608467

>>22603756
Next will be forcible inherited debt.
Mark my fucking words. They will not stop until they own every asset in the country and 99% of citizens are slaves. And they'll succeed too. The uprising should have occurred decades ago. It never came, it never will.

>> No.22608526

>>22604157
Cost of materials will continue to increase.

>> No.22608551

>>22604228
those will be banned probably on a state level

>> No.22608705

>>22603756
>Caused by the virus
No it's caused by policy
I fucking hate these weasely fucks

>> No.22608794

>>22606158
>real capitalism has never been tried
We had a system closer to capitalism and the more it changes the less we like it
How is that hard to understand?

>> No.22608835

>>22606887
Unironically that cardboard mask is more effective than cloth.
At this point the only point of wearing a mask is to show you are taking necessary precautions.

>> No.22608860
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22608860

Their plan won't work out

>> No.22608971

>>22603756
No fucking shit. I told you guys this years ago and no one listened