CA is a higher level of evil. That state legit has welfare for rich property owning boomers at the expense of every younger generation. Boomers there own lost of non-primary properties to take advantage of the matrix style human batteries that are continuously programmed to move to the state for the "CaLiFoRnIa DrEaM". (Going all the way back to the Gold Rush)
Soo Progressive 😂
Otherwise, I was a slum lord... It's not as glamorous as people think. You're just a middleman, who collects money for the bank, but gets squeezed by both ends. It's pretty shitty.
I'd bet most landlords who arent boomers are subsidizing their tenants, and delusionally believe they're making money, when they're not.
I know some real estate agents who are not very hard working nor very smart who became wealthy just from being slum lords, leveraging all the financing they could get, buying up as many rental properties as they could (mostly residential houses) in areas being gentrified (former black neighborhoods getting bought up by young white single men with guard dogs). Whenever they were squeezed they could just sell a house for profit and cash out equity to reinvest somewhere else.
They knew a while ago that someone was going to own everything, might as well be them. And people think its some stupid fantasy that the rich want everything and would conspire to get it. Actual insanity to me.
Once they own everything, there will be no need to make a refrigerator that last 10 years or a plastic bowl that will last 5.
Its sad seeing people in canada, especially the local subreddits, get mad at immigrants for taking all the housing, but they need to smarten the fuck up and direct that anger at their leaders who are making tons of money by destroying our way of life. Literally selling us out for their fucking mcmansions and their mcyachts. Sickening.
They must be some confident that the masses are never going to wake the fuck up and riot.
Like the ships that canada just spent a billion dollars building, are already breaking down. Taking water, there is lead in the drinking water because irving cut corners and used fittings that were to high in content for potable water.
It almost makes you fucking wonder if its not china using their wealth and influence to slowly weaken us to the point that they can simply finish us off in one blow, like holy shit.
All these articles about canadian politicians working with the chinese government, and then weeks later articles about how all western nations are preparing for war against china in 5 years.
I dont know but I just dont think shit is going to ever get better, call me negative nancy or whatever.
If you rent, you're homeless. You just don't notice because you have a key to someone's shelter.
I'd say it all because of Prop 13.
Boomers had their property taxes cappd in 1978.
Anybody who owns anything isn't going to sell it, because they lose their fuggin' tax pyramid scheme
A prop is not the cause of this -- this is printing and asset creation to equate value. Property are the modern mines.
CA is a higher level of evil. That state legit has welfare for rich property owning boomers at the expense of every younger generation. Boomers there own lost of non-primary properties to take advantage of the matrix style human batteries that are continuously programmed to move to the state for the "CaLiFoRnIa DrEaM". (Going all the way back to the Gold Rush)
Soo Progressive 😂
Otherwise, I was a slum lord... It's not as glamorous as people think. You're just a middleman, who collects money for the bank, but gets squeezed by both ends. It's pretty shitty.
I'd bet most landlords who arent boomers are subsidizing their tenants, and delusionally believe they're making money, when they're not.
I know some real estate agents who are not very hard working nor very smart who became wealthy just from being slum lords, leveraging all the financing they could get, buying up as many rental properties as they could (mostly residential houses) in areas being gentrified (former black neighborhoods getting bought up by young white single men with guard dogs). Whenever they were squeezed they could just sell a house for profit and cash out equity to reinvest somewhere else.
Ha! That sounds awful.
Dumbass probably has a ton of debt and gets popped fixing shitty maintenance issues on the reg.
Unless he's an old boomer who's had them forever, what a dumbass.
I assumed its the elites plan.
https://www.youtube.com/watch?v=kznGd-drmZA
They knew a while ago that someone was going to own everything, might as well be them. And people think its some stupid fantasy that the rich want everything and would conspire to get it. Actual insanity to me.
Once they own everything, there will be no need to make a refrigerator that last 10 years or a plastic bowl that will last 5.
Its sad seeing people in canada, especially the local subreddits, get mad at immigrants for taking all the housing, but they need to smarten the fuck up and direct that anger at their leaders who are making tons of money by destroying our way of life. Literally selling us out for their fucking mcmansions and their mcyachts. Sickening.
They must be some confident that the masses are never going to wake the fuck up and riot.
Like the ships that canada just spent a billion dollars building, are already breaking down. Taking water, there is lead in the drinking water because irving cut corners and used fittings that were to high in content for potable water.
It almost makes you fucking wonder if its not china using their wealth and influence to slowly weaken us to the point that they can simply finish us off in one blow, like holy shit.
All these articles about canadian politicians working with the chinese government, and then weeks later articles about how all western nations are preparing for war against china in 5 years.
I dont know but I just dont think shit is going to ever get better, call me negative nancy or whatever.