Wallstreet land grab, amassing rental empire rent rising out of reach of middle class

[ElFenix]

ITT: Texashiker demonstrates he has no idea how the fed works. which is ok because even some fed commissioners don't know how the fed works (which is horrible).


rental rates in houston have skyrocketed. $2+ per square foot for any place that isn't a shithole over the entire west side of town. it's resulted in a building boom but even the boom isn't keeping up as stuff is renting out pretty much as fast as it's built.

 

[TurtleCrusher]

Wallstreet land grab: yeah, so, WTF is your problem? It's business, asshole.

US Government clearing property of freeloading ranchers; OMG!! Opression!! Military state!!

In a nutshell.

 

[Slew Foot]

So whats the best way for me to profit off of this?

 

[DucatiMonster696]

Hasn't 2008 taught you anything?

It's not the banks, it's the people who buy at these prices who are at fault!!

You're such a silly Mr. Forgetful.

Try raising the rates those banks lend at, try allowing the real price of assets to surface and see how those people who buy or borrow to acquire those assets react.

2008 was a giant circle jerk of the blind leading the blind because no one wanted to see the reality of what was going on because everyone was trying to benefit from the misguided policies set by the US Federal Reserve.

Hence everyone loves to party but when that party is raging out of control no one wants to be the guy who stops its or asks others to clean up the mess afterwards or even admit that things might be getting out of control. By no one I mean government, the federal reserve, banks, asset purchasers, speculators, etc.