Young American Voters Have The Chance To Screw Over Wall Street and The Media: Wall Street is buying up Real Estate making the entire system extremely volatile – August 4, 2021,
I personally find it very interesting how the media is attempting to cover up what’s going on in the real estate markets. It’s becoming increasingly obvious to everyone observing the stupidity of the Biden Administration that there is no way interest rates can rise unless there’s a serious demand for American voters to either normalize interest rates or #endTheFed.
So we all know institutional investors are buying up property because it’s almost a guarantee at this point that asset prices are going up, the downside to what these institutional investors are doing is that real estate is illiquid, especially when it comes to large institutional investors.
The real estate market is heavily regulated and is very political, it’s me of the reasons why in the past most firms would only purchase real estate if the said property could cash flow, but as many people have been pointing out a lot of the people on Wall Street are under 40 years old, meaning they’ve only known of appreciating markets.
When it comes to real estate, if people can’t afford housing because of Wall Street, that becomes a political issue, people might vote for Hitler if they can’t afford a place to live. The government which includes the Democrat governments, TYPICALLY doesn’t like building housing, because building housing requires maintenance which for the government involves unions and most State governments want nothing to do with housing and would instead prefer to outsource the said problem to the private sector.
Now, on the surface, this looks like a score for Wall Street, until Wall Streeters understand how property management works when you’re a monopolist in a market like housing. With that said, if America does indeed become a renters nation, one would ask the question, why would young people want zero percent interest rates?
Wall Street is buying up family homes. The rent checks are too juicy to ignore | cnn.com
Credit cards, auto loans, lines of credit all of these debt instruments don’t enjoy low rates in the manner mortgages do? In fact, credit card interest rates are still at 20%+ fees in many instances. So at this point the entire credit markets if Wall Street counties to buy up property, wouldn’t benefit young people at all.
Now if you read the media covering this story, they’re trying to play down what’s happening, we all at this point should know a large chunk of the media is bought and paid for, and Wall Street is doing its best to make it seem like there’s nothing to see here.
But those of us invested in Real Estate know there’s something going on here and it’s due in large because it appears the Federal Reserve is not going to NORMALIZE interest rates any time soon.
Well, when it becomes abundantly clear that Wall Street is a major investor in real estate, a savvy voter can go to both political party’s and tell both party’s we want normal interest rates, because we’re getting no benefit from zero percent interest rates, we’re not retiring anytime soon, so we don’t care about the Pension bubble, the cost of living is going up and it appears like the government and the Federal Reserve are colluding to impoverish us.
There would be no getting around the aforementioned paragraph. I’m not sure if young people will figure this out, but as I like to point out, Real estate when it reaches its peak becomes illiquid, and this could definitely be a period in history in which the young screw over the old! When reading any article remember whose paying the bills for most of these media giants
Wall Street isn’t to blame for the chaotic housing market | vox.com
Interesting times ahead