2 ms·
There’s an ongoing international failure to protect young people from various investors creating a generation of neoserfdom in the form of REITs, foreign real e
by andrewmcwatters 6y ago
There’s an ongoing international failure to protect young people from various investors creating a generation of neoserfdom in the form of REITs, foreign real estate purchases with no intent for the owner to live in the property a minimum of 51-80% of the time to encourage GNI growth, rampant house flipping, the spread of HOAs, and virtually no assistance to first-time prospective home buyers.
In my opinion things are so bad, I don’t know how these politicians aren’t getting killed. Maybe young people are too ignorant to know everyone is screwing them and that’s why we have no civil unrest.
- refulgentis 6y agoI'm young enough to fit into your group of people who may be too ignorant to kill politicians. I'm not killing politicians because it's bad
- JamisonM 6y agoThere has always been lots of support out there for 1st time home buyers, some measures have been clawed back on that front because they are obviously ineffective. Everything else you cite here seems to be random arm waving in the general direction of capitalism. The thing about the past was that we built a lot of housing, I think creating an environment where politicians can openly support building a lot more housing would actually address the "capitalism" problems.