Friday 3 December 2021

The Rise of Corporate Landlords.

 It seems over in America there are strange goings-on in the housing market. A global corporation called BlackWater is buying up houses at a phenomenal rate. Not only is this snatching houses from normal people, but the corporation has the ability to pay over the odds if necessary (which it is), thereby inflating the price of houses and the US housing market in general.

Now, from what I can see this has no happy ending. Not for US house buyers who have to pay artificially inflated prices for the house of their dreams, but also in the long term. Because take the fact that a large proportion of houses in the US will become rental properties, but also those that have been able to buy their house are sitting on an inflated asset. Hopefully the value of the house will keep rising and cancel out the inflated element of the price they paid. Hopefully.

I assume that Blackwater sees housing stock as better than stocks when it comes to investment. Not only do you own an asset, but you have the ability to rent it out and generate revenue all the time you own the asset. With stocks and shares you only own the share and it only generates income if it rises in value. You can't rent it out. 

Well, someone in the city hasn't yet found a way to rent out shares. Yet.

Here in the UK, I'm getting similar signals from the housing market, but whoever is buying up relatively expensive houses and renting them out en-masse is keeping pretty low-key. But it is happening, adding about 5% or more to UK to house prices.

I hate to be a conspiracy theorist, but some would say that this is part of the great reset, where you own nothing and all your money goes to the corporate state. 

Sounds like Fascism to me.

Considering what's happing in Austria and Germany regarding mandatory vaccinations with no choice or consent, it sounds like they've got the hop on all the other countries regarding our future. 

It seems we're looking at a no choice, no ownership, no consent, no free will sort of future. Yep, sounds like Fascism to me.

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