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Related: About this forumSoon, you won't own your homes. This system is killing home ownership and your future.
Unfettered capitalism has laid the foundation. As we fight over frivolities, they take ownership of homes and everything else and rent it back to us, stealing our wealth.
https://medium.egbertowillies.com/soon-you-wont-own-your-homes-this-system-is-killing-home-ownership-and-your-future-983e9b439500
brewens
(13,582 posts)decline and it took everything. Two of them moved home so their mom could stay in the house after their dad died. They both had to work and when they went into nursing homes, that was all she wrote. They died broke. One was a successful restaurant owner too.
You have to be somewhat wealthy to have anything left.
tirebiter
(2,536 posts)With no equity it goes under.
PoindexterOglethorpe
(25,853 posts)And a lot of the younger generation will inherit significant money. That is not going to go away.
Doc Sportello
(7,517 posts)At the rate income inequality is growing, fewer and fewer younger people are going to inherent a lot of money - whatever that means - and those who do will get less and less. And of course your post negates the majority who are being negatively affected by this movement of capital.
appalachiablue
(41,131 posts)Doc Sportello
(7,517 posts)This just smacks of the "I've got mine jack" attitude that is destroying this country. The Democratic party is supposed to stand for those who are getting screwed by the big money people and the other 19 percent who enable them.