Reaction & Commentary
Typical us home sold for a record shattering $468,000 massive private Equity firms like Blackstone and predium partners have backed a relatively new breed of homeowner the corporation this growing industry buys or builds single family homes and then rents them out new data reveals that economists have been sugarcoating the rate at which financial
Goliaths have been swallowing up America’s single family homes the previous number they estimated had already been a painful lowball of only 18 to 23% of single family homes being purchased that lie was merely intended to help the poison go down because in 2023 private Equity firms bought up
Nearly half 44% of single family homes in America the middle class American homeowners dream is now an American runers Nightmare our generation will not be homeowners they will have us permanently renting meanwhile the real estate industry is collapsing under the weight of corporate lawfare this is insane Realtors are about to have their
Commissions cut in half and if that wasn’t enough to crush the middle class the lack of serious laws regarding squatter’s rights is the perfect enticement for Biden’s invading border Army this woman was trying to get inside her own home but the previous owner refused to
Leave I saw like about 20 people at my property trying to move in as fast as they could after her previous tenant moved out the home had only been vacant for 10 days unfortunately some of these squatters have gotten pretty sophisticated guy just come out of
Nowhere say he purchase a home and just took home it’s a tactic real estate attorneys say they’re starting to see all too often Attorney Richard olymic says they’re called rful foreclosures or forg Deeds it’s when thieves use forged documents to gain ownership of unaware homeowners properties there’s no People’s Court for challenging a
Wrongful foreclosure or or Forge deed so that’s the fundamental Waters have turned a mansion into a party house police have tried and failed to shut down that party Mansion since it started people in a local apartment complex say squatters are breaking into their homes and even being violent buying a dream
Home turned into a nightmare you heard him for this family from Queens the house came with something the new owners did not bargain for a squatter I think if we criminalize you know no squatting and residential maintained properties that’s going to solve a lot of these
Issues and uh let send it to criminal court and and let Law Enforcement Act it’s not right that my wife had to quit her job nine months ago I had to quit beforehand get myself prepared down here in Texas because we’re next to Eagle Pass and we quit our jobs 9 months ago
And guess what we have to watch our household day and night to protect our own land down here and I’m telling you these illegals that are coming in get ready people because nobody’s doing anything nobody’s talking it’s all talk I I just want you to know they busted
Down the gates in front of our uh military literally busted down the gates ran right past them thousands of them they didn’t do anything lobbyist lap dogs and DC’s Country Club of huis are on course to drain the country dry and handed over to the world economic Forum
Meeting the goals of the United Nations agenda 2030 and as we rebuild our cities and as we rebuild our country to ensure that every single person has a home we need to invest and pass the green New Deal for public hous absolutely it deals with the issue of the climate
Catastrophe that we are living in we must also pass the green New Deal for public schools because the green New Deal for public schools working in conjunction with the green New Deal for public housing is a form of reparation for our historically marginalized communities we are seeing a
Recession Red Alert right now over the past few hours we’ve seen some leading economic indicators right now suggesting a potential recession in the United States in the next 6 to 12 months tell that to the Biden Administration they don’t want to hear it but these things are flashing red right now we’re going
To get into a couple of them coincident indicators that are really decelerating quickly according to Seeking Alpha now the FED faces we’ve been talking about this how the FED is facing a really difficult choice right now we got the inflation numbers this past last week
And we know that the FED is now really in a rock and a hard place because they do not want to raise interest rates absolutely do not want to do it but they may have no choice because they have either the choice right now to cut interest rates to prevent a recession
Which they’re not going to do they just told us basically that’s not going to happen in fact the opposite may happen in the next month into may we or may may you know month and a half or so we may see interest rates rise they may have no
Choice because we are seeing consumer spending slowing down we’re seeing the trouble in the commercial real estate market right now we’re seeing a huge amount of layoffs of Americans being laid off in the United States and we saw the course the Tyson Tyson chicken Foods story which is unbelievable being
Replaced with illegal immigration to uh to fill those quarters for for manufacturing right now um and we’re seeing that across the board right now so real layoffs slowdown in consumer spending uh people are not buying things as much as they were and we’re also seeing interest rates not going down so
Where we thought we would see maybe a boom and housing a boom of consumer spending Wall Street excited about EXT you know bigger margins not happening in fact now because of these interest rates slow down that we’re not going to see these Cuts Wall Street which had anticipated bigger margins of course now
It’s going to have to revise those numbers down so the FED is facing this really difficult moment right now between between cutting interest rates to prevent a recession or risk this Resurgence of inflation again if the FED Cuts rates and inflation surges it could lead to a huge financial
Crisis and there are a couple of big indicators right now again consumer spending is slowing down significantly people just don’t have the money Consumer Debt is exploding credit card debt has accelerated to a level we haven’t seen before I mean I don’t need to tell you there’s so many videos right
Now floating around on Tik Tok and other places of of you know 20-some saying they can’t afford their rent the rent has ballooned so significantly now they’re having to choose between eating and paying rent this is Biden’s economy right now but they don’t want you to know that
These problems exist and if we have these leading economic indicators heading 6 to 12 months into the election this is a disaster we of course know what happens when an economy is in a recession you vote those people out just ask George HW Bush right that’s what happens
You vote those individuals out when you have a bad economy when you are in a recession you do not win elections the Democrats are going to do everything in their power right now to make sure that that doesn’t happen and if that means printing more money they will do that
News flash the American dream as we know it is dead so the promise of the American dream has long attracted people from all over the world to build a better life for themselves and their families the American dream promises that if you just work hard enough you
Can have the life that you want of course the system is now structured entirely different those that don’t work are rewarded with the most benefits it’s unbelievable yet Americans right now they’re working full long careers and still can’t afford to make ends meet when it’s time to retire this is a shame
And at one point the middle class was the largest generation families could afford a home a nice car raise a family all on one income not today nearly everything in our economy has shifted in last few decades college has become astronomically more expensive the job market has gone through a complete
Overhaul and the housing market especially has changed dramatically post World War II The American Dream became intricately tied with the idea of homeownership in the United States all sorts of photos from Life Magazine showed a family in their front yard with a car in the driveway and a home behind
Them today many Americans still believe that sentiment in fact a new survey out by Lending Tree found that 94% of Americans believe that owning their own home is is part of the American dream 94% but today buying a home is much different than it was during the building boom today we have an
Affordable housing crisis in the United States with an incredible demand for homes right now so while people are working endless hours to make ends meet with their 9 to-5 job with one day hoping to actually own a home there aren’t even enough homes available to
Buy even if they wanted one and if they can afford it anyway most Millennials can’t baby boomers are able to swoop in and buy the up but at least Americans can look forward to the final stage of the American dream right retirement but no retirement has changed dramatically
As well outcomes are dire for retirees because most Americans are still relying on outdated accounts and old systems the 401K for example is among the most popular retirement plans in the United States and yet it yields the most mediocre results in recent data from Vanguard the average 401K balance was only
$112,000 in 20 22 that’s right since the dissolution of pension plans the 401K has lost its position as a secure retirement plan can you live for the rest of your life off of $112,000 in this economy are you crazy for the most part a 401k will
Never lead to wealth it’s a total lie that’s been sold to Americans it hasn’t worked for decades and it’s not going to help you build wealth and your parents or grandparents might have access to a decent social social security check but it’s a Ponzi scheme it’s a program
That’s going down the toilet fast because it’s not being funded properly Social Security is crashing today the average monthly social security check is a poultry $1,700 a month and benefits are expected to decrease significantly after the year 2035 political corruption and the best interests of Wall Street are at the
Foundation of many if not all of these outdated systems none of it is meant to help you create wealth at its core the American dream isn’t really about the white picket fence or the 401K plan it’s about Financial Freedom and the ability to accumulate wealth and pass it down to Future Generations same thing no us I will never dream of your love you take me you take me me
