“Buying” the property with “fiat” currency “borrowed” from the “bank” that just invents new “money” via a “loan” to be paid back via “rent” using actual wealth from wages earned through productive labour by the tenants.
But you can’t get a loan to buy the same property using the same actual money, because you have a bad “credit rating”.
Your credit rating is good enough to pay rent to allow the investor to buy the property, pay back the loan with interest and earn a profit.
The only real money involved in this scenario is the rent.
The whole system is a Ponzi scheme, one that the bankers and civil servants are desperate to keep going. It is wealth transfer “legalised” by a corrupt system engineered to reward those at the top. Your government civil servants are complicit in this scheme, their reward is ridiculous salaries, pensions and board seats when they retire, often early.
Mass immigration feeds into this scheme, as it has suddenly become “a human right to have housing”, even if you are not a citizen, actually particularly if you are not a citizen.
Tax is stolen from productive workers to pay the rent and welfare of immigrants, whatever is left in your salary pays your rent and bills. The immigrants “rent” is extracted from the country into institutions, pension funds etc.
At all levels the “system” is rigged to steal from you and lock you into a state of perpetual debt, limping from one pay cheque to the next, afraid to rock the boat in case you loose your job and end up homeless.
Just pay your taxes, work hard and watch the game on Sunday. You don’t have time for a family, community or church.
This is the reason certain people were evicted 109 times.
“Buying” the property with “fiat” currency “borrowed” from the “bank” that just invents new “money” via a “loan” to be paid back via “rent” using actual wealth from wages earned through productive labour by the tenants.
But you can’t get a loan to buy the same property using the same actual money, because you have a bad “credit rating”.
Your credit rating is good enough to pay rent to allow the investor to buy the property, pay back the loan with interest and earn a profit.
The only real money involved in this scenario is the rent.
The whole system is a Ponzi scheme, one that the bankers and civil servants are desperate to keep going. It is wealth transfer “legalised” by a corrupt system engineered to reward those at the top. Your government civil servants are complicit in this scheme, their reward is ridiculous salaries, pensions and board seats when they retire, often early.
Mass immigration feeds into this scheme, as it has suddenly become “a human right to have housing”, even if you are not a citizen, actually particularly if you are not a citizen.
Tax is stolen from productive workers to pay the rent and welfare of immigrants, whatever is left in your salary pays your rent and bills. The immigrants “rent” is extracted from the country into institutions, pension funds etc.
At all levels the “system” is rigged to steal from you and lock you into a state of perpetual debt, limping from one pay cheque to the next, afraid to rock the boat in case you loose your job and end up homeless.
Just pay your taxes, work hard and watch the game on Sunday. You don’t have time for a family, community or church.
This is the reason certain people were evicted 109 times.
Ponzi scheme all the way. Of course.