Matt Davies for May 01, 2022

All roads lead back to ever increasing wealth inequality.

Housing prices are high, mainly because when the pandemic was raging, few got built. Now prices are escalating because of material shortages. As for mortgage rates, the difference between what the lenders pay , and what they charge borrowers, is called price gouging.

More people than ever in the USA and the world. Where we gonna put ‘em all?

Don’t forget home and flood insurance in S. Louisiana…………..paradise is very expensive down there.

I’m sure all the private equity money flooding into the rental market isn’t influencing this at all.

Before I buy another house, I want to be sure it’s not in a nuclear ground-zero neighborhood.

Prices always go Up.

2008 recession coming back in 2022?

couples having kid after kid need to learn the definition of the word “exponential”

The problem of too many going after too little may be solved in a generation or two by Nature’s version of ZPG…or much sooner if a crazy with a nuke decides to go full psycho.

Of course, more than one of the world’s religions may continue to try to counter any with their Good Book’s version of “go forth and multiply”. Otherwise it’s difficult to find cheap labor.

It’s more than just body count or interest rates. We live in a Bay Area suburb. We bought our current house not quite 6 years ago. The selling prices in our neighborhood have nearly doubled in that time. This is an ordinary suburban neighborhood with a mixture of tract houses and a few old one offs.

It’s super simple. Pass a law that states you can own two rental complexes or 5 houses for rent, which includes Airbnb and the like. Presto, about 25% of the housing market is back on the market with lower prices because the problem is there are actual companies buying up houses to turn them into rentals and now Wall Street has gotten in on it. Buying a house is the best investment you’ll ever make in your life, and rigged capitalism is going to eliminate it forcing you to rent for your entire life.

And to think that the White House plan now is to raise taxes to help slow down spending. Until the plan could actually work, the tax revenue will be stupendous. Yay!

This ’toon reminds me of the Pixar movie, UP. Which is excellent.

Buying a house, is buying a never ending money pit.

or you can pay rent forever on an apartment and never own it

Those are Republican hot air balloons.