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Financial Speculation is Driving Housing Prices Sky High

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(@franco)
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Financial Speculation is Driving Housing Prices Sky High

The quotes are from "Who Will Eventually Own Everything, Including You?" by Dr. Joseph Mercola.

Financial speculation often drives up prices, thereby squeezing out the little (poorer) guys. In fact, we've seen it many times, historically speaking.

As Henry Ford pointed out, financial speculation is a Jewish thing (e.g., think "carpet baggers" during the U.S. "Civil War"). Granted, not all speculators are Jews. And yes, if done correctly, financial speculation can work for you.

Also, this speculation is a little bit different: it might even be called "socialist speculation" or even "racial speculation" since it ultimately seeks to wipe out the White middle class.

"In a recent episode of "60 Minutes" (above), Lesley Stahl actually did a good job exposing why home prices are going through the roof. It's not just that these investment companies can snap up homes with the click of a button, but they're also artificially driving up prices of both homes and rents.

For example, rents in Jacksonville, Florida, rose an average of 31% in 2021, and Austin, Texas, saw rents jump by 40%. The reason appears to be twofold: We're not building enough housing, and what is being built is being bought by corporate landlords at above-market prices."

[Article].

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Posted : 27/04/2022 1:29 pm
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