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View Diary: Updated: Why Is The NSA Spying On The European Union? (141 comments)

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  •  Depends on where you live. Their new scam (4+ / 0-)

    is buying them for hard cold cash in high rent areas, then renting them out for a good yearly return.

    If you can pay the bank 5% to buy a house, you can pay some .1%'er 5% to rent one, right?

    And unlike stocks or bonds, family homes in the US won't lose all their value, pretty much whatever happens.

    The Fed has been nice enough to work to shoot mortgage rates from 3.4 to 4.5 in the last month, too.  That'll help keep homes unaffordable for ordinary schlubs who need a mortgage, while putting a break on purchase prices so our new Knights and Barons can keep on accumulating the property we once owned.

    The modern enclosures are happening a lot faster than the historic ones did.

    Mr. Universe is a known degenerate Robotophile, and his sources include former Browncoat Traitors. What is their agenda in leaking top secret information about the Reavers and endangering us all?

    by JesseCW on Sun Jun 30, 2013 at 01:21:30 PM PDT

    [ Parent ]

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