For uncommon men, commentary & analysis in business, politics, & society to explore on-the-ground challenges in your life.

What Would It Mean If the Financial Industry Is Buying Up Neighorhoods? Building Your Foundation on Blackrock

Jun 22, 2021 | Financial & Economy

Reading Time: 6 minutes

Imagine a world where Wall Street turns your entire neighborhood into mix-used, Section 8 housing only they own. And there’s no where to move because this cancer has spread across all of the country. Then combine that vision of the future with total surveillance and crushing ideological policing. And you’ll have arrived at a bizarre gentrification of the landscape and the mind in contemporary America.

Well, this future is already knocking on the door.

And what started as rumors is increasingly looking like it may be a real possibility. What possibility is that? That the financial industry, probably best represented by Blackrock, the woke investment front for the Fed, is using the current economic crisis to buy up single-family homes. Of course, we’ve seen one part of this equation, the destruction of inventory in the housing market. But owning a house was once the bedrock of American society, yet it more and more seems like total financialization is what we’re building our house on…literally.

Yet, if true, this represents one of the most deeply disturbing and potentially societal transforming problems we’ve encountered. But few people are paying any attention to it, even though though the media is obviously seeding the idea to get acceptance of it.

A parade of economic propaganda like this has come out in the last month alone…

America Should Become a Nation of Renters

Renters nation

Remember what I said about Covid-19 being faked for economic warfare?

Well, this is what a facet of it would possibly look like. And at the start, I surmised privately that we could see predatory purchasing of homes by the financial class. And it goes something like this: lock down the economy, suspend mortgages and rent, continue buying mortgage-backed securities, depress real estate inventory, step in and outbid all the regular everyday people in the buying process.

This way, the asset maintains its value while the rest of us are slowly locked out of the market.

But at the same time, the financial industry increases its strategic positioning.

Of course, it’s been an open secret for about a decade that those in charge want to turn everyone else into a rentier class. Or put differently: a permanent caste of powerless neo-serfs who own nothing and rent everything forever. Think for a moment how you’ve watched this trend, rentier capitalism, happen in your life over the past few decades. Well, now we’re starting to see it right out in the open. At the same time, people are still trying to claim the Great Reset is a conspiracy when the head of the World Economic Forum directly wrote a book about it with that exact title and talked about these very things.

Wait until you see the who’s who between these media pieces, the current administration, and the Economic Forum.

So, what would it mean if the financial industry really is coordinating financial crises to take greater and greater control of society, including through homes?

And what the hell would we do about it if they were?

It’s become very plain to anyone with an ounce of observational skill that there is little cohesion left in most of our communities and families. Although the professional class might think a local craft brewery and a hip coffee joint constitutes kinship, you only have to examine how people act to see how that’s not the case. Not many of them know each other past their names, and almost no one cares either. And I’d venture to say, never before in history have you had a population so perpetually drugged up, plugged in, and zoned out.

Perhaps a view of the future then, if this trend continues, is best seen in the neutered, awkward, and totally dysfunctional Millennial generation. Set adrift, future generations, like the Millennials but perhaps more extreme, if you can imagine it, will have no friends, no family, and no possessions. They will have no religion and no morality, no sense of place and no sense of character. After all, like the head of the Economic Forum has said, in ten years, you’ll own nothing, and you’ll like it.

This is the reality of what we’re facing: a decimated culture and a lost humanity.

In terms of what could be done to prevent such a world, at least through economic or financial means, I’m inclined to suggest that everyone shun debt like my own family has done. But since so many families can’t even seem to give up next day Prime delivery, I think that this suggestion is little more than a pipe dream. It’s also rather clear to me that people who are selling their homes today, in part, are doing so because they have no other choice because of their debt. Many of my friends are intensely underwater and are flipping out of their properties to… rent or live in RVs, believe it or not, choosing a form of voluntary poverty.

It’s hard to blame them, although they certainly got themselves where they are. But even now, I can look out my window at multiple properties in my neighborhood bought during the pandemic but which are sitting vacant, unused and empty. Clearly, this can’t be a sustainable way to have a functioning, healthy society. And you might have gotten yourself into a bind with your own debt but that doesn’t mean we can’t start coming up with solutions other than selling to the most predatory intuitions in human history.

But what else could we possibly do to stop the managerial class?

The only choice is to lock them out of your communities, immediately and as soon as possible. At the local and state level, residents are going to have to start enacting strong laws regarding who can own what and why. In fact, while there will be rumblings about personal property, the evil of the alternative has become so crystal clear, it’s undeniable, and local residents may be more open to political positions founded on these sorts of ideas.

This is especially true since many people do still carry a desire to have their immediate locales mean something to them, even if that meaning is currently hollow and superficial. And personally, having seen Florida cities decimated by vacation rentals and empty investment properties, I can attest that you have your choice is fairly straightforward: protect your small businesses and family neighborhoods or lose them and whatever culture came with them. Equally true: for the love of God, stop gentrifying, selling out, and taking government bailouts or else end up completely beholden to the ruling class in a wasteland of cookie cutter communities plagued by homelessness, violence, and colorfully woke flags.

In the end, I’m left thinking about what Jesus said.

You can build your house on sand, and when the storms come, as they surely will, it will obliterate everything. Or you could build your house on the rock that provides a firm support.

Somehow though, I imagine he didn’t mean build your foundation on Blackrock.

What would it mean if the financial industry was buying all the homes?



Submit a Comment

Your email address will not be published.