We need discounted public housing more than ever. Every goddam US city is built on public housing and ending that shit in the 80s is the stupidest goddamn decision with the most obvious fallout
So sales are down…
…but prices are up?
Yep. Some people see houses as ever increasing appreciating assets and don’t want to take a loss. Hence, maintain high prices and price out buyers
corporate landlords and real estates do, thats why they buy up houses and sit on them til the end of time.
And buy up more houses when they become available. Because too many available houses will drop the price of their current holdings and they can’t allow that, so they are obliged to keep snapping up anything that drops below market, keeping the price up.
Real estate is a goddamned scam.
Pretty much everything you need to survive is now
I’m starting to understand why people starting burning down all the real estate in the book “Parable of the Sower. “
