September 05, 2023
Rising Housing Costs
Diane Kimura
Tim adds:
One of the hallmarks of America - in fact it's called the American Dream - is home ownership. That is what made life here so attractive; you could be king of your own castle.
The liberals always hated that. They wanted us to be more like Europe, with most people living in high rise tenaments. Easier to control. Plus they just plain don't like us being happy. They think it somehow unrighteous that we live better than others.
They also want to force us to integrate, to live cheek-by-jowel with people of all different races and creeds and cultures. That is the essence of multiculturalism.
And it is unnatural. The phrase "birds of a feather flock together" didn't come from nowhere.
So they have used a number of tools, and have a number of things in the works. Part of the plan to eliminate the internal combustion engine is to ground the American People, so we have to live in these high rises with the many different peoples they bring here. In this way we will not be Americans any longer but "citizens of the world" and they will have us penned where they can control us.
So, ending home ownership goes a long way to that end. It's how you impose communism; make it so nobody CAN own anything and they will come to accept it and love having nothing.
It's why the younger generation is increasingly unwilling to move out of their parents' houses or own cars. So they have convinced the youths of this idea already.
Yes, they did push home ownership in the past, but why? More than likely to drive the prices up so they would be unaffordable to all but the very wealthy.
The US's median home value to income ratio now stands at a record ~4.5x.
This is 45% above the historical average of ~3.1x, with the median home payment now at a record $2,800/mo.
Meanwhile, the median rent price in the US just hit a record $2,050/mo.
Renting a house in the US requires ~35% of the median PRE-TAX household income.
Buying requires ~46% of the median PRE-TAX household income.
Simply having a place to live has never been more expensive.
One of the hallmarks of America - in fact it's called the American Dream - is home ownership. That is what made life here so attractive; you could be king of your own castle.
The liberals always hated that. They wanted us to be more like Europe, with most people living in high rise tenaments. Easier to control. Plus they just plain don't like us being happy. They think it somehow unrighteous that we live better than others.
They also want to force us to integrate, to live cheek-by-jowel with people of all different races and creeds and cultures. That is the essence of multiculturalism.
And it is unnatural. The phrase "birds of a feather flock together" didn't come from nowhere.
So they have used a number of tools, and have a number of things in the works. Part of the plan to eliminate the internal combustion engine is to ground the American People, so we have to live in these high rises with the many different peoples they bring here. In this way we will not be Americans any longer but "citizens of the world" and they will have us penned where they can control us.
So, ending home ownership goes a long way to that end. It's how you impose communism; make it so nobody CAN own anything and they will come to accept it and love having nothing.
It's why the younger generation is increasingly unwilling to move out of their parents' houses or own cars. So they have convinced the youths of this idea already.
Yes, they did push home ownership in the past, but why? More than likely to drive the prices up so they would be unaffordable to all but the very wealthy.
Posted by: Timothy Birdnow at
10:14 AM
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