I seriously have been scratching my head for the past year wondering what in the bloody hell is going on in the real state market. You see, people are supposed to be out of money, people are not paying their mortgage, their rent, and yet the prices keep on going up.
It's because I was a participant in said game, that I can honestly tell you: things don't add up. They simply don't.
More so because most of the purchases are being done in cold hard cash, no financing involved, and if that's not weird, then I got a bridge to sell you too.
As it turns out, it's very, very scary. You see, what is happening right now is a recipe for disaster, and I have no idea why it's not being talked about enough.
The market is overheated, homes are too expensive to make any sense, and there is no real buyers per say. Yes, they are being sold, but not to people, to companies.
As if companies taking homes is not scary enough, that's not even the worse of it. These companies are not using "their money" to buy the homes, they are using yours.
The latter might make you think that this is not an issue, since the "good government" will keep us safe, but that's not at all how it works.
You see, if these private corporations own a huge chunk of homes, they also control markets, thus destroying the idea of free markets all together. Monopolies my friend, I'm talking about monopolies.
It's a 2008 but with a twist. They found the way to rig the game yet again, and nobody will go to jail, yet again.
This is such an interesting time to be alive.
MenO
