Wow; real estate pisses me off. Families are dependent on value increases for necessity such as retirement, to borrow on that value, to live on. It's a huge WTF, when morality is considered.
When I see what's happened in my old home state, California, I'm broken hearted. I had left because a mortgage could not be afforded, because the tech bubble burst in 2000. 3 recessions have burst my bubble in my prime years. How the fu_k did we get here? Answer: greed.
Materials to build homes rot as all objects created by humans on Earth decay. So why does a house cost more when it’s been used by some other family? A home should lose 10% of value the moment papers are signed. A new home should profit its creator/owner no more than 15% = good profit. No housing cost increase should exceed the cost of living.
Real estate is bullshit, and so is capitalism. We are supposed to care for the land while we live here temporarily. No human can truly own land.
I'm going to prove that is so. Just you wait - you greedy bastards.
And for all unwilling to change.
#Housing #AffordableHousing #Rent #Mortgage #Greed #California #JerryBrown #CADemocrats #DemocraticSocialist #TimeTravelWish #Sol3 #JamesGrayMason mf's.
Image link: https://lao.ca.gov/reports/2015/finance/housing-costs/housing-costs.aspx