Yall do know the federal reserve is the main cause of the inflated housing market right?

[Ethnic Vagina Finder]

They've kept interest rates so low, that companies have taking out billions in loans to buy up housing to invest in.

It's literally easy money for them thanks to the fed.

 

[Json]

So what happens to housing when the rates go up? They’ll probably just double down for safety.

It’s not like the Fed is cranking it up fast. At this rate it will be a the end of Biden’s term to get to over 2%. And they usually signal to Wall Street they are doing it.

 

[Collateral]

Yeah no shyt Sherlock. All these foreign entities are eating because of the low rates and buying housing in hot markets driving up the prices in a lot of these places, looking at you Miami. They’re effectively stomping out the middle class like that nardo wick song.

 

[Wild self]

Yeah no shyt Sherlock. All these foreign entities are eating because of the low rates and buying housing in hot markets driving up the prices in a lot of these places, looking at you Miami. They’re effectively stomping out the middle class like that nardo wick song.

We need to make laws that only American citizens living in America, can own property.

 

[CopiousX]

We need to make laws that only American citizens living in America, can own property.

Id go even further and limit the amount of individual units each one can own to a reasonable amount. There is no more justification for an american business interest like blackrock/goldman sachs to be buying thousands of homes in a city than it is justified for russian oligarchs, latin drug bosses, or chinese nouvue rich to do it.

 

[UberEatsDriver]

Renters nation. Better have that shyt due on the 31st coli

 

[ThrobbingHood]

We need to make laws that only American citizens living in America, can own property.

Id go even further and limit the amount of individual units each one can own to a reasonable amount. There is no more justification for an american business interest like blackrock/goldman sachs to be buying thousands of homes in a city than it is justified for russian oligarchs, latin drug bosses, or chinese nouvue rich to do it.

Never gonna happen. America has sold us out to the highest bidder. Unless you’re a Russian Oligarch or a Chinese conglomerate, these politicians don’t give a fukk about you.

Don’t be late on your payment to Uncle Sam though.

 

[JLova]

Move to less attractive cities. Folk forget high demand cities = higher cost of living and higher rents/ housing prices. Do I think companies should be able to buy up land and properties? It depends, maybe tax them or put stipulations that force them to fund other initiatives. But America is capitalism on steroids, why pick and choose?

 

[UberEatsDriver]

Move to less attractive cities. Folk forget high demand cities = higher cost of living and higher rents/ housing prices. Do I think companies should be able to buy up land and properties? It depends, maybe tax them or put stipulations that force them to fund other initiatives. But America is capitalism on steroids, why pick and choose?

Y’all keep throwing this around but what makes a city attractive is the job market. No job market = pointless move especially for career minded folks and entrepreneurs.

 

[Ozymandeas]

Blow air into a balloon. The air is low interest rates. The balloon is asset prices like stocks/real estate. You make money that cheap, it has to flow somewhere. Its always been a payday for the rich.

 

[Ohene]

Y’all keep throwing this around but what makes a city attractive is the job market. No job market = pointless move especially for career minded folks and entrepreneurs.

Exactly

such a dumb statement

 

[tuckgod]

Yeah no shyt Sherlock. All these foreign entities are eating because of the low rates and buying housing in hot markets driving up the prices in a lot of these places, looking at you Miami. They’re effectively stomping out the middle class like that nardo wick song.

 

[tuckgod]

Move to less attractive cities. Folk forget high demand cities = higher cost of living and higher rents/ housing prices. Do I think companies should be able to buy up land and properties? It depends, maybe tax them or put stipulations that force them to fund other initiatives. But America is capitalism on steroids, why pick and choose?

One of the things that makes America, America is easy access to home/land ownership for citizens.

We gotta get ahead of this before we end up just like the rest of the world.

 

[O.T.I.S.]

We need to make laws that only American citizens living in America, can own property.

Same in Hawaii

 

[UberEatsDriver]

Same in Hawaii

I agree but that would cause conflict since Americans own properties over seas.

Latin America would be irate since Americans definitely own lots of properties out that way