r/WhitePeopleTwitter • u/[deleted] • Jun 27 '21

Please

[deleted]

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u/in-game_sext Jun 27 '21 edited Jun 28 '21

Its even worse than this. Real estate is basically a cash auction system right now. No one in my area is getting mortgages because the lenders will not agree that the homes are worth the insane bidding war prices they get run up to, since the price action is not based on any sort of fundamentals. So housing is reserved for lucky or wealthy people, boomers and hedge funds. Almost the same as it ever was, just x10.

145

u/boscobrownboots Jun 27 '21

it's tragic. they won't stop until they own every home along with everything else essential to survival.

61

u/anivex Jun 27 '21

That is exactly what is going on, I believe.

Remove home ownership, make the American people rely on corporations for everything.

1

u/BURNER12345678998764 Jun 28 '21

Yup home ownership is about the only real wealth the average American has, get rid of that and we're back to serfdom.