Inflation here? gas/grocery prices just continue to climb

Bayouboy said

I don't have the article to reference, but I read something recently that laid out what you are saying here. There's a huge push nationwide that has investors picking up every spare home on the market which drives prices up. Pretty soon, the American dream of owning a home will be out of the grasp of many Americans.....even those with decent jobs.

Click to expand...

I posted this earlier in the thread but this is the indifferent, greed-driven mindset that homeowners are up against. Following is a quote from Gary Berman, CEO of Tricon, a large corporate landlord company, which owns tens of thousands of single family homes in the United States.

Berman believes younger Americans prefer to rent over purchasing a home.

"I think if you asked a lot of millennials, and that tends to be our primary resident — they would probably tell you, they don't necessarily desire to own a home or to own a car," Berman said. "They've grown up in the sharing economy."

https://mynbc15.com/amp/news/nation...nials-fed-federal-reserve-freddie-mac-realtor
We need to quit thinking in absolute terms that capitalism (any economic system) is all good or bad, and instead, understand that well-regulated capitalism works the best for the most number of people. The very ones who have terrified people into believing that regulations are bad, and anything that challenges the merits of capitalism is evil socialism, are the ones who gain the most. Of course they want as little oversight as they can coerce officials into enacting. The status quo is what lines their pockets while the American Dream of purchasing a home has become something a growing number of people either have to put off much longer, or can only dream about from their leased dwelling.