President Donald Trump is moving to ban "large institutional investors" from buying up United States homes meant for Americans.
www.breitbart.com
Every day I receive offers in the mail to buy my home.
This home buying effort appears as one more effort to take over America.
I'd hope there is a federal law that backs this effort.
God Bless Donald Trump.
This isn't an effort to take over America....that battle was lost a while back.
Corporations are trying to control Real Estatate Markets.
These huge corporation conglomerates. AKA Banks/Trading Houses like Fidelity, Principle, Morgan Stanley and etc all own controlling interest in Grocery stores, Amazon, food production, service contractors, carmaker and etc.
Meaning your entire life is spent working and buying necessities and luxuries all from the same corporation. A type of "company store". The corporation becomes wealthier but you slowly lose ground and eventually retire impoverished as inflation and lackluster investments eat up your retirement savings.
If too many houses become "for sale" then the prices drop. And then the conglomerate loses money and control. After all high priced housing currently has higher interest rates. Low priced housing also has high interest rates....but they don't want someone "comfortable" buying those houses at truly market rates....so they "fix" the market by making a bunch of houses unavailable except by renting.
(You own nothing so you can be happy)
House prices are set by availability and construction costs. Sometimes houses in rural areas even more rare urban areas will be below construction costs....that's when money can be made over and above interest rates.
If not enough houses are available for purchase....prices go up per square foot Too many houses available they go down per square foot.
Currently, construction cost is running between $75-$95/square foot of living space. (Depending on location and finishes)
I got mine on a deal paying around $65/square ft. But I live in the middle of nowhere and am doing a lot of renovations. But I worked construction for a living. So it's not impossible for me. But that's how money is made. Lots of hard work and smart investments simultaneously coordinated.
The housing market manipulation....that's Trump doing what the FTC SHOULD BE DOING BUT AREN'T.....NEITHER IS CONGRESS.
Congress is lost and owned by their corporate masters....same with FTC, SEC, and all the other alphabets that should stop them.
Currently there's a huge hoo-doo in the silver market. The trading price is not the same as the physical price. Like $50 disparity. Because the trading price is manipulated. And even though the SEC AND FTC know the who, how, and why it's being done the regulatory agencies are doing nothing about it anymore. It's like open season for the wealthiest to economically enslave everyone.
