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Ian posted an update 4 years, 10 months ago
‘ Blackrock is buying every single family house they can, paying 20-50% above asking price and outbidding normal buyers…’
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If I had enough dollar cash, and I knew the dollar was about to be hyper-inflated, I’d probably try to do the same.
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That is to mistake the cause for the effect; in no way is the action of these giants firms a matter of simple investment decisions. If you read the thread in its entirety you would notice that the Federal Reserve has essentially ‘gifted’ ( courtesy of the public ) those trillions to buy up housing stock. Indeed, these banksters are the ones causing the inflation and taking advantage of normal working folks.
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If you want to force everybody into smart cities, it’s mighty useful to buy up all the single-family housing. And mighty profitable between now and then. Anyway, I’ve been wondering whether that’s part of the plan.
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Housing is nice… except in case of “mysterious” fires…
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Unless the owner mysteriously knows in advance that the mystery blaze is coming…
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Bingo; and for those that aren’t forced into the cities, the rest remain perpetual renters in suburbia and rural areas. Notice the cute little finance acronym they came up with? SFR=single family renters. Where before the ( increasingly shrinking ) middle class at least had a shot at building some wealth ( over decades ) via house ownership, the oligarch-sponsored ‘Great Reset’ reduces vast swaths of people to peonage, generational renters.
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There certainly is a plan of some sort, but I never rule out the idea of mafia wars with conflicting/competing agendas. The, “you will own nothing, and be happy…,” Schwab quote comes to mind. I live in rural America and have a mortgage on my primary dwelling, a 5 acre single household. I imagine, if the squeeze comes, they will attempt to tax me out of the property, we’ll have to see. My biggest concern is my 180 acre pasture cattle/poultry ranch. This property is paid for, and is my Alamo. The threat on small farms is what keeps me up at night.
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From what you’ve described, you’re well-placed to thrive in what James H. Kunstler says will be a reversion ( borne of sheer necessity ) to small town/country ways. As for being taxed out of your place; make sure you have alliances with friends and neighbors to come to common aid if such a thing should occur ( a sort of ‘Go Fund Me’ among friends ). What we need is true cooperation among like-minded folks. We need access to, among many other things, proper legal representation, and if we can’t afford it on our own we should form some sort of co-operative to get it.
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Thanks for the insight. I’ve never heard of Kunstler and am now on his site looking into him. Any particularly good places to start? As for neighbors, I know all my neighbors within a mile radius, and many of them stretching out from there. There are plenty of holes in my game plan, but I work everyday to try and shore them up.
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Man, you’re so far ahead of me that you don’t need my advice. Kunstler’s site is the right place to be for articles and podcast interviews ( along with many links ). I guess a book you might consider by Kunstler is his ‘Living in the Long Emergency’. As I said before, you seem to fit his description of an ‘early adapter’ ( i.e. you already live in rural area and have the ‘old skill’ of farming and animal husbandry ). My personal hope is to move to area where I can learn from folks like yourself and become a part of the ‘face to face’ community we so desperately need in this country. This means, at a bare minimum, learning in my own clumsy way how to raise chickens, grow vegetables, keep bees, etc, on my own 5-10 acre parcel. It also means buying my red meat and other products from local producers like yourself. Finally, it certainly includes pitching in to help ones neighbor ( as defined by Dr. Farrell, the *person* with whom you have direct personal contact ).
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Check out Joel Salatin and people like John Suscovich. You can raise 500 chickens per acre per year, FYI. When I started out, I ran Salatin style chicken tractors. You can PM me for more info, if you’re interested in getting started. Many cattle ranchers will offer up ground for you to run your chickens on in return for the “free” nitrogen they get from the manure. I think I got started with my first 50 chickens for less than $800 in material costs, then it’s off to the races. Next year my goal is 500 chickens to market per week, our season here in Nebraska is 6-7mo., so that equates to less than 30 acres of pasture needed to hit those numbers.
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Thanks; very generous offer. I will definitely get in touch when I’m ready to start. First, I’ve got to buy some rural zoned property ( min 5 acres ) with a house on it; I’m in the process now but it’s hard going since I have to travel 400+ miles to look at properties. Second, I’ve got to move the hell out of Nuttyfornia; this can’t happen for another year or so. FYI, I was always intending chickens strictly for the household rather than for sale; but surely would appreciate your advice when I’m ready.
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I hope there are some state or local political pressure groups in your area to protect the rights of small farmers. In the U.S., some states will probably resist the global food takeover attempt better than others. Factional infighting is certain, but there’s no telling how it will shake out in the end. I’ll never be able to farm, but I’m worried for small farmers too. I may have found a semi-rural part of my state I can afford to move to. There are people in the area with some acreage who raise cattle and chickens, so at least I could do some networking. BUT the real estate market has gone bonkers — houses in that area are selling like hotcakes, and I thought it was kind of “out of the way” and not on anybody’s radar. I don’t know if it’s just individuals buying or if there are some awful private equity groups or developers coming in and snatching things up. I couldn’t afford any more than a small single-family home, but it would at least give me a backyard! Fortunately, I know how to garden, and there’s local legal precedent protecting (so far) individuals’ right to grow food on the property where they live.
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