Yes I know climate change is part of the reason, but if you saw the fed report talking about how entire areas won’t be able to get a mortgage or homeowners insurance. Part of me thinks if you have enough money you don’t need insurance so it will be interesting to see who will buy up all the land in that area. And let’s not forget about the technocrats dream of their own little city’s. Look at Elon Musk Starbase or Trumps Freedom Cities.
Posted by Least-Repair
6 Comments
Everybody knows they are trying to eliminate home ownership, just one of the many ways they are picking away at it.
Insurance companies and roofs.. Go down that rabbit hole and see what they are doing there
Called 15 min cities. You will own nothing and be happy. Destruction of generational wealth and the middle classes. Allowing for neighborhoods to be torn down to be handed over to new management.
Houses become dirt cheap in those areas because people can’t afford upkeep without insurance and other buyers can’t get a mortgage. Then massive companies buy up the property and turn them into rentals because the companies can afford the upkeep and will charge high rent. Turns entire geographic locations into exclusively renters, thus further reducing the wealth of the lower/middle class in those areas. Lovely…
All part of the plan – re-wilding, smart cities, 15 minute cities. They want full control. We must push back on this and demand leaders do what the people want!
Yup, they are making it difficult for people to live in coastal regions…. essentially pushing people into the interior. Over time, the big banks will then buy the land and real estate and probably develop their “15 minute cities”….scum if the earth.
Those in the know understand pole shift makes certain places uninhabitable not to long from now. Cut there losses and blame it on something else to deflect. Imho that is.