So much for the American dream / pride of home ownership!
Will own nothing and be happy?
By 2030 most all US homes will be owned by huge rental investors backed by Blackrock/stone, Vanguard, and Rent “Progress” =S
EmpireLite on
Wait, what? I just watched this video that swore barely anyone in the U.S. owns their home outright, and they will all be owned by mortgages corps and finance corps etc.
But now I’m seeing that around 39% of homeowners actually own their homes free and clear—no mortgage, no payments? That’s like 33 million homes! And a lot of them are older folks, which makes sense. So was the video just fearmongering or outdated? I’m honestly confused now. And this is with a simple google search.
Yes future generations ain’t likely to make this number grow. And yes corps are owning more. But a lot of owned homes.
But yeah the 18% statement is like probably wrong. And the video fails to show how it got that math.
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So much for the American dream / pride of home ownership!
Will own nothing and be happy?
By 2030 most all US homes will be owned by huge rental investors backed by Blackrock/stone, Vanguard, and Rent “Progress” =S
Wait, what? I just watched this video that swore barely anyone in the U.S. owns their home outright, and they will all be owned by mortgages corps and finance corps etc.
But now I’m seeing that around 39% of homeowners actually own their homes free and clear—no mortgage, no payments? That’s like 33 million homes! And a lot of them are older folks, which makes sense. So was the video just fearmongering or outdated? I’m honestly confused now. And this is with a simple google search.
Yes future generations ain’t likely to make this number grow. And yes corps are owning more. But a lot of owned homes.
But yeah the 18% statement is like probably wrong. And the video fails to show how it got that math.