It is unfair to the young that prices are artificially raised by Larry Fink's predatory monopolizing corporation.
It enslaves the youth and drives down birthrates to no benefit to citizens.
It is unfair to the young that prices are artificially raised by Larry Fink's predatory monopolizing corporation.
It enslaves the youth and drives down birthrates to no benefit to citizens.
Usury is interest. It's the reason Jesus overturned the money changers tables. Charging interest on a loan is forbidden by God throughout the old and the New Testament.
Exodus 22:25 - If thou lend money to any of my people that is poor by thee, thou shalt not be to him as an usurer, neither shalt thou lay upon him usury.
Leviticus 25:37 - Thou shalt not give him thy money upon usury, nor lend him thy victuals for increase.
Psalms 15:5 - He that putteth not out his money to usury, nor taketh reward against the innocent. He that doeth these things shall never be moved.
Do most people buy a house in cash or by a loan and paying interest?
If the price of the house is more do you pay more interest?
What they did is to make people pay more interest without it looking like they made people pay more interest.
Or even worse, they just rent the house. Like a loan you can never pay off.
It's simplest to explain it as Usury, that is a term people find understandable and know is immoral
Blackrock hopefully falls in the MOASS.
In the meantime at least one state is outlawing this.
which state?
Arkansas Read it here a few days ago.
Go Razorbacks!!!
He is using American honest earned savings to cheat honest Americans.
But but but capitalism and free markets bro
It's a monopoly. That is not a free market. It's literally rent seeking via artificial scarcity.
"Real capitalism has never been tried before"
What do you propose that is better?
Where is the proof?
Blackstone needs to be broken up and its leaders but in jail.
We might have something different to say when the market corrects and these corporations go under.
I think no foreigners should be able to purchase land nor corporations with more than five percent foreign investment.
Leases to foreigners should also be limited to twenty years.
Housing Is the greatest wealth building tool that the majority of Americans have benefited from. The middle class has effectively been shut out of home purchase. Economic volatility during the 2008 great recession started the decline in New housing construction followed by corporate and hedge fund, purchasing residential housing. This caused an escalation in rapid appreciation then came the doubling of interest rates. In Montana only the top 20% of income earners can afford a home. We are witnessing the making of anew class of poor, our middle class.
It's not just the house..inflated property values have doubled property taxes..insurance up cause hurricanes fires building on cliffs
Why do you think they are destroying cities? It's a lot cheaper to buy up real estate nobody wants. Buy it up, retrofit everything with smart technology, unroll UBI for those who sign up for CBDC backed by biometric confirmation. All subsidized by tax payers, to be rented back to tax payers for profit.
The death of generational wealth is now with the loss of property ownership.
They're securing useless fiat into real assets before the dollar collapses. Any cash they hols after the crash will be worthless. Plus usury is interest which they can't collect if nobody can afford a loan.