General Discussion
In reply to the discussion: He's playing the market. [View all]DENVERPOPS
(13,003 posts)many times. He will do all this destructive shit, but the Coup de Gras will be crashing the market like never before. The top 1% will sell short, and taking all the comfortably retired, or near being retired down to paupers. Serfs and Peasants.
Corporate Hedge funds are buying up homes at an alarming rate these recent years, and if people are broke, they will have to sell their homes to even barely subsist.......ALL the building in Denver, for the last five years in particular, has been apartments and not single family residences. Kids starting out now have NO way of affording the mortgage for almost any single family residence.........
The few sales I have seen for young adults just starting out, are parents chipping in with a rather large down payment. Then with fancy financial maneuvering, the payments each year are equal to what the parents can legally "gift" each year, until it is paid off.........
I have seriously asked if ANY of these Politicians have kids, or grandkids, or just don't care......I think it is the later, thinking only of themselves......which is way beyond selfish.......