Rents reach ‘insane’ levels across US with no end in sight

[Blacksheep]

Rents are skyrocketting, gas prices skyrocketting, food prices skyrocketting....... but hey, no more mean tweets.

Reality is being quite disappointing lately. And humans are helping to make it worse.

Here in Brazil, stuffs are not very well too.

 

[Snag87]

It ain't going to be like that though. Unfortunately. It's going to be giant round-ups. The State is going to turn all of it's tech and surveillance aggressively against us. They already have completely autonomous and semi-autonomous kill vehicles. The tech they have is insane and they've been hiding it from you.

It's almost showtime.

Check out this trailor that was released 9 years ago - called "Grey State". The Director was killed before this film could be made. Many people suggest that he was an insider who knew the script for humanity.

Check it out. It's mind blowing:

What (if any) role did covid play in this?

 

[devilkingx2]

The fix is simple; but it will never happen:

Tax the ever living hell out of any single family home that isn’t a primary residence or any rental property that isn’t 90% full. All of a sudden, it becomes a lot less attractive to own real estate solely for investment. This also helps to cut down rent costs because landlords would be penalized for having underfilled units from obscene pricing.

My simple fix is to ban the purchase of single family homes from people and entities who do not intend to live there.
Those homes are for families to buy and live in and grow their wealth, not for wall Street speculation. Let investors buy businesses and apartment buildings.

 

[RickTheToad]

My simple fix is to ban the purchase of single family homes from people and entities who do not intend to live there.
Those homes are for families to buy and live in and grow their wealth, not for wall Street speculation. Let investors buy businesses and apartment buildings.

That's communism.. We are not quite there yet.

 

[devilkingx2]

That's communism.. We are not quite there yet.

Communism would be the government assigning everyone a home.

Fascism is the government funding corporations to take over and control everything without having to worry about our pesky rights.

Competition is inherent in proper capitalism, nobody can compete with Blackrock or Chinese billionaires.

 

[Jesse Pinkman]

I live in Miami and got my apartment just in time, someone trying to get the same apartment now will pay $700 more for monthly rent. Yeah, it's gotten that bad. The issue is the tech boom IMO. People who aren't qualified to be making a great wage are making it due to jobs that overpay them. Tech companies literally hire any garbage title like Chief Woke Officer or Head Of Diversity and pay them like crazy. Meanwhile most of these people would be serving lattes at Starbucks if companies were not so desperate to hire someone with their useless skillset.

These are the people flooding into your cities and pricing you out. Not the Wall Street types but people who are being overpaid to do silly corporate jobs.

 

[RickTheToad]

Communism would be the government assigning everyone a home.

Fascism is the government funding corporations to take over and control everything without having to worry about our pesky rights.

Competition is inherent in proper capitalism, nobody can compete with Blackrock or Chinese billionaires.

Debatable. Musk seems to have overcome some great odds.