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End of home owners? The rise of build-to-rent communities

a month ago -

(Article by M Winger republished from WTLReport.com)

“You vill own nothing and you vill be happy.” – Klaus Schwab

It seems there are many in power that share the same beliefs as Schwab.

What if their plan was to make it so you couldn’t buy a house at all, only rent forever?

The end of homeownership is their goal.

Sounds like Mr. Potter from It’s A Wonderful Life has taken over the real estate market.

Today we see many young couples struggling ...

Nearly 800,000 Californians behind on rent, with over $5B accumulated rental debts

August 01, 2023 -

California continues to suffer from some of the most expensive rent prices in the nation, and local organizers warn that the ending of eviction moratoriums could make the situation worse and put approximately 721,000 children at risk of homelessness.

According to real estate listing company Zillow, as of July 21, average rent prices in California are $2,902 across all sizes and property types. In places perceived as high value like Orange, San Diego, Santa Clara and San ...

Biden’s green policies are making housing no longer affordable for the average American

October 22, 2023 -

This is according to Edward Ring, an author and a senior fellow with the conservative think tank, the California Policy Center, who warned of the far-reaching consequences of Biden's "globalist green agenda."

"To allegedly save us all from a 'climate crisis,' development and use of oil, natural gas and coal is being halted," wrote Ring for American Greatness, while at the same time pointing out that the development of renewable energy sources like hydroelectric and nuclear ...

2A UNDER ATTACK: Democratic AGs call for the closure of Missouri ammo plant to deprive citizens of affordable, quality ammunition

January 31, 2024 -

The Lake City Army Ammunition Plant, which is the largest producer of small arms ammunition in the U.S., has become one of the latest targets of the anti-gunner crowd in their quest to keep as many Americans disarmed as possible. But the Democratic AGs' call for the facility's closure will only infringe the Second Amendment rights of law-abiding citizens.

The Democrats' request seeks to curb the availability of "military-grade rounds" in the commercial market, furthering ...

REPORT: Renting is now cheaper than owning a house in America’s 50 biggest metro areas

a month ago -

Realtor.com, a company operated by News Corp. subsidiary Move Inc., determines the monthly expense of home ownership by aggregating the median listing prices of studio, one-bedroom and two-bedroom residences in a given market, with weighting based on listing volumes. This calculation assumes an eight percent down payment on the home and a mortgage rate of 6.78 percent, including taxes, insurance and homeowner association fees. (Related: Mortgage rates surge to 20-year high, causing ...

ABSURD: Maine constructing new luxurious apartments for illegal aliens using taxpayer money

January 17, 2024 -

The apartments, located in Brunswick and managed by the Maine State Housing Authority under the Biden Administration's Federal Department of Housing and Urban Development, are intended to serve as transitional housing for asylum seekers awaiting work permits.

According to the 2020 Census, Maine, with a median household income of $68,251, has 10.8 percent of its population living below the poverty level. The state is allocating resources to address this issue, with 60 ...

HOMELESSNESS in the U.S. reaches RECORD HIGH amid worsening economic downturn post-pandemic

August 22, 2023 -

According to data reviewed by the Wall Street Journal (WSJ) from over 300 organizations, the U.S. has recorded over 577,000 homeless people for 2023. This number reflects an 11 percent increase from last year's. The total number of homeless people was computed by the Department of Housing and Urban Development (HUD) based on the provided data.

"This year's surge reflects a host of pressures around the U.S. such as rising housing costs, lack of affordable rental ...

RFK Jr. to push for government-guaranteed 3% mortgage if elected president

September 07, 2023 -

Robert F. Kennedy Jr. (RFK Jr.) wants a three percent mortgage for Americans, guaranteed by the government and funded by the sale of tax-free bonds. He added that the first 500,000 of these mortgages would be reserved for teachers.

"I'm going to give everyone a rich uncle, and his name is Uncle Sam," RFK Jr. said at a recent town hall meeting in Spartanburg, South Carolina.

Since entering the 2024 presidential race and announcing he would challenge ...

Airbnb listing revenue COLLAPSES, driving fears of housing market crash

July 04, 2023 -

While in years past both Airbnb and VRBO would be seeing many additional stays across the United States this time of year, the opposite is happening now. Homeowners who rent out rooms and spaces are seeing dwindling interest, which is driving down prices for stays.

In popular destination cities like Phoenix, Ariz., and Austin, Tex., revenues per listing have dropped by nearly 50 percent, according to the most recent data from AllTheRooms, which compared Airbnb revenues ...

Homeless people INVADE city of Casper, Wyoming, taking over vacant motel

September 10, 2023 -

Casper Mayor Bruce Knell pressed the panic button during an interview with local news media Cowboy State Daily published on Aug. 31. According to him, the city's homeless population had topped about 200 people and had created a "mess" whenever they roam the city's parks and streets.

"It's like nothing I've ever seen. It's third-world country stuff happening in Casper, Wyoming," said Knell. "They destroyed everything. It's horrible."

The hardest hit was the city's ...

Maine allowing illegal aliens to squat in new apartments for free while veterans throughout state remain homeless

January 18, 2024 -

Even though the latest figures show that there are now more than 653,000 homeless people in America, around 36,000 of whom are veterans, Maine has developed a program to roll out the red carpet for illegal alien invaders who do not even belong in the United States in the first place.

Check out the photo below and article to see for yourself the 60-unit apartment complex in Brunswick where illegals get to live for free while actual American citizens are forced to pay ...

Compilation: Millennials CRUSHED by inflation freak out over soaring cost of living

August 18, 2023 -

(Article by Jamie White republished from Infowars.com)

Young adults explained on TikTok that the soaring inflation in Canada, the U.S. and elsewhere has created a dire cost of living crisis with no end in sight.

“I have a question: how are we affording life right now?” one TikTok user asked.

The cost of living crisis is astronomical everywhere. It feels like we're just working to barely survive ???

Compilation of videos with people talking about the struggle ...

Young Americans will never own homes thanks to Wall Street and the Federal Reserve

a month ago -

Since January 2020 when the Wuhan coronavirus (COVID-19) "pandemic" was first launched, the average monthly mortgage payment has nearly doubled, increasing by 96 percent in just four years. Back then, a typical buyer paid just under $1,100 a month for a mortgage with 10 percent down – today, that average has ballooned to $2,200 a month, which is well above the 30 percent of median income that was once thought to constitute an "affordable" housing cost in America.

The average ...

Democrats push to remove parasite hedge funds from housing market to improve affordability

December 19, 2023 -

Two bills proposed by Democrats this week would require all hedge funds with single-family homes in their portfolios to sell them all off within the next 10 years. The bills would also prohibit hedge funds from owning any single-family homes at all.

In case you have not noticed, housing in America has become just another "stock" that rich people are buying up and hoarding as assets rather than using as a place to live. This has not only driven up housing prices to unsustainable, ...

NYC homeowner arrested after changing locks on her house to deter squatters who broke in and started living there

a month ago -

47-year-old Adele Andalaro inherited the $1 million home in Flushing, Queens, after her parents passed away. After putting it on the market last month, she noticed that squatters had moved into the home and changed the home’s entire front door, including its locks.

In an attempt to deal with the problem, she went to the home with a local TV outlet with the deeds to her home and called a locksmith to change the home's locks. This resulted in an altercation with the squatters ...

WOKE Trudeau to spend $110 million on global promotion of 2SLGBTQI ideology

3 days ago -

"Following the recommendations of the Task Force, Budget 2024 announces the government’s intention to propose legislative amendments to modernize the Employment Equity Act, including by expanding designated equity groups," the budget stated, adding that Trudeau intends to spend the $110 million over the next 10 years, with the possibility of allocating even more taxpayer dollars should his government remain in power.

Canada's Employment Equity Act provides that women, indigenous ...

INFLATION WOES: Millennials crumble, turn to social media to air frustration over soaring cost of living

August 21, 2023 -

Millennials and Gen Z are the main target market of these platforms. People from these age groups are the most likely to post and browse for topics about how they are breaking down or increasingly becoming unable to afford basic necessities, such as food and housing. X, formerly Twitter, account user @WallStreetSilv compiled videos from the short-form video hosting service TikTok, wherein these adults talked about their struggles. The first video included a woman inquiring: ...

Unreal but TRUE: Man squats in a home, gets sued by owner and still walks away with a $10,000 check

February 20, 2024 -

According to the video that the supposed "squatter" recorded and uploaded, he got to live for free in a house in Portland, Oregon when he looked for a vacant house to rent. He got the details of the home and researched on YouTube how to break in by destroying the locks on the house. Then, he downloaded and forged some documents and made it look like he had a lease agreement with the house owner. Next, "I called the utility companies and had the utilities put in my name" but ...

Car rental company SIXT drops Tesla EVs from its fleet due to poor resale value, high repair costs

January 23, 2024 -

In an email to customers obtained by Bloomberg, the company cited higher repair costs for EVs compared to gas-powered counterparts as a main reason for the move. These higher costs, according to the outlet, have compounded the issues with lower resale values. Moreover, Bloomberg added that "Tesla's aggressive price cuts [have] hurt residuals."

The family-owned SIXT, which hails from Germany, arrived in the U.S. in 2011. Currently the nation's fourth-largest car rental ...

NO MORE AMERICAN DREAM: Illegals are leaving “sanctuary city” Chicago due to harsh living conditions

November 15, 2023 -

"Since August last year, 20,700 migrants have arrived in Chicago from Texas," the Daily Mail stated. "[Texas] Gov. Greg Abbott sent migrants to Chicago and other Democrat-run cities because of their proud status as 'sanctuary cities.'" Such cities, the tabloid added, "offer enhanced protection against detention or deportation for undocumented migrants."

But the Mail pointed out that Illinois' harsh winters, lack of infrastructure and ambivalent support from locals have ...