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I see the housing market as part of wider transition. I think it is clear we are moving to a technocracy - we will not own anything, we will receive a UBI, we
by verisimi 5y ago
I see the housing market as part of wider transition.
I think it is clear we are moving to a technocracy - we will not own anything, we will receive a UBI, we will be provided for (as a low level) but this will come at the cost of freedom. Technocrats (aka billionaire elites) will take closer control of the world's resources and micro-manage us.
There are several issues before we actually enter that system. Firstly, it is required that we all have a biometrical-security-id to do anything. This part is already underway - we are starting to be convinced of the need to provide id (green pass, citizen scores or whatever) to go shopping, or even leave the house.
Another of the issues that those who would achieve technocracy face, is that as much as the billionaire class owns, there is still independent wealth. In raising house prices, they create a new conflict - the older generation that own their houses know what it means - independence, that they worked for it, etc. Mostly they cannot conceive of owning nothing. The younger generation are the opposite, they cannot conceive of owning anything, or even moving out of their bedroom - they face an interminable childhood. I can see how being provided with a 110 foot flat would be a step up. They are/will be fine with the older generation losing their wealth and having the government re-allocate those resources towards a small flat.
On the ground floor then, we will see a conflict between generations. The planned result is that we are all worse off, living in a smaller footprint, under close control. What little wealth is on the ground floor, will shift up and become owned by corporations. On the higher floors, corporations will own everything - all the property. Corporations are in fact owned by individuals - we do not see them, but these self-styled 'gods' will own everything.
This is not freedom - the direction of travel is more overt bondage for the general population. And mostly, in their ignorance, people will be happy at the outcome.
If we were really tackling inequity, we would be tackling those that own everything - but this is impossible given the secrecy of trusts, media blackouts, etc. Ownership should be entirely transparent - everything should be traceable. Corporations are merely a further cloak - corporations are owned too. Which individuals own Vanguard and Blackrock? But this will not be the solution we seek to resolve the problem.
Instead, we will fight amongst ourselves. We will cheer as new annual taxes (at 1%) are introduced on the value of a 'expensive' (read, inflated) property, or when reverse equity options are offered as the government buys up the housing stock. (Reverse equity will come with a legal agreement to prevent the purchase of another property.)
I hope this doesn't happen, but it seems that we have far to go individually - when we still believe the media, when we still believe that the government is there to help, we really haven't learnt much.
- rowanajmarshall 5y ago> Which individuals own Vanguard and Blackrock? Dunno about Blackrock but Vanguard is owned by it's own funds, so it's customers own it. It's basically a customer co-op.
- Apocryphon 5y agoThis narrative comes up a lot, back with NWO and FEMA black helicopters in the '90s all the way to the Great Reset and Davos Man in the modern day. Theodore Kaczynski also wrote about it. While it's hard to deny there might be those who are in favor of this, it's also hard to see that such an elaborate, well-engineered plan is actually in formation. UBI? While that popular has gotten some currency in the last couple of years, in the U.S. alone it's been basically impossible to get a measly second round of one-time $2k (now 1.4k) stimulus checks out, much less a reoccurring program. Biometrics? The concept of national ID has been DOA in the U.S. for decades. Despite the use of vaccination cards, which are plain paper, it is still no more politically feasible to pursue such policies. The U.S. has a culture that's uniquely individualist and anti-centralization, and this is bipartisan- the ACLU has resisted E-Verify because of fears of the creation of an onerous national ID system. Being provided at a low level? The lack of affordable housing and the rise in visible homelessness contradicts that notion. > On the ground floor then, we will see a conflict between generations. [...] What little wealth is on the ground floor, will shift up and become owned by corporations. That is much more believable, that centralization of wealth leads to centralization of power. And we have seen this before in history, just look at the Gilded Age. But that is a very different thing from a carefully-engineered plan towards elite control. It isn't an intentional plan to squeeze out middle-class homebuyers, or to crush millennials with debt. It's simply a side effect of vast, blind, financial games. The ants are getting stomped upon by warring elephants. People need to remember Hanlon's Razor. Instead of trying to ascribe calculated malice towards the powers-that-be, remember they are simply as clueless as the rest of everyone. They've simply been playing the game to win, and continuously rewriting the rules to keep winning. In such a case, technocracy is but a side effect, not an intentional social engineering project. Gibson, not Orwell. https://www.theonion.com/the-future-will-be-a-totalitarian-government-dystopia-v-1819594281 https://www.theonion.com/the-future-will-be-a-totalitarian-g...
- 5y ago