So sorry if you thought this post was about the title. It's more a question, and how to achieve such a thing.
I grew up on about over an acre of land. We had an orchard in the back of our yard, apples mostly. I yearn for the days of my youth. I make a good living, by most standards, I'm above average. So why can I not buy a house like in my youth? The divide seems so very large. By most measures I was in poverty in my youth. Yet I cannot even afford that lifestyle. Why is that? Why is housing so damn expensive?
Only the wealthy can have that acre. We have been trying to buy land for quite some time. It seems we have a problem of foreigners owning our land and driving up the prices. We have been out bid every time by foreign investors. Tell me again how our politicians allow foreigners to buy houses and land in this country. Foreigners should have never been allowed to own houses. They are buying all our houses!!! They have priced American citizens right out of the market! All the newlyweds we know can’t afford a house. But 3 men from India can buy one - no problem. People can’t see the problem with this...
Blackrock is one of the main culprits in driving up housing costs. Blackrock (and to a lesser degree, Vangard) are buying up whole subdivisions at above market prices before the developers even finish them. What they don't control directly, they lord over by enforcing their ESG score on any companies that they own a large chunk of shares in. It's a two pronged attack - make housing too expensive for the average home buyer - cripple US companies using ESG while at the same time profiting off of their investments in Chinese companies that don't give a rats ass about ESG.
https://www.foxnews.com/media/blackrock-investment-firms-killing-dream-home-ownership
https://nypost.com/2022/08/16/blackrock-faces-scrutiny-from-19-state-ags-over-esg-investments/
Man you know what's even more crazy? My 401k from my last company and now my current company are directly linked with Blackrock and Vanguard! I'm basically directly funding this! My only alternative is to not invest at all, or to invest by myself
That's the worst part of it - these evil fund fucks are not even using their own money to bring about our slavery - THEY ARE USING OURS through 401k, IRA, and pension funds.
Oh I feel you! But how are these foreigners buying anything?! I mean, who is ultimately buying any of it?! I def think that there should be limits on who can buy land, and foreigners should NOT be on that list. The divide is so damn large though.. I make more money than my Father by at least 3x over, but I cannot afford the lifestyle I had as a kid. Why? Or I guess I already know, and it's been said in this thread. It's by design, but damn has it gotten farther than I would have thought possible!
Same in Canada. Never been able to afford it. It is dream only.