OT Unregulated capitalism killing the American Dream

You talking about the “fixing” thing from the other thread?

 

Take your pick, Waterworld or Thunderdome?

 

The controversy over Bill Gates becoming the largest private farmland owner in the US.

https://www.vox.com/recode/22528659/bill-gates-largest-farmland-owner-cascade-investments

 

You sound like the people who never had an issue dealing with extremely overpriced housing.

 

Honestly, 300,000 acres ain’t shit in the grand scheme of things.

I remember about 20 years ago my uncles friend had nearly 100,000 acres of property outside of East St Louis that he hunted on and fished on the multiple lakes

 

(Checks pulse—yup still alive) Let’s just say the current housing price run up isn’t doing much to help my retirement plans.

Edit: Housing prices aren’t the only way to make home ownership tough. I also lived through the sky-high interest rates of the late 1970’s and early 80’s. Home interest rates hit 19% during those years (right when my family was growing and we needed a bigger place). Yeah, we were only looking to finance $80,000 or so, but 19% interest on that figures to be about $1,300 a month. Add another $200 or so for property taxes and that’s more than I was making a month then.

 

I've seen East St. Louis and you don't want to live there. They will confiscate your all wheel drive vehicle for driving in the winter snow there.

 

Is your roommate a man? God Damn it, I knew it about you.
You know what, you'll never see my lovely ass.

 

Cost of housing in Oregon as a percentage of income is one of the highest in the nation.

 

Oregon is also in the top 2 or 3 states for most people moving to. Supply and Demand is pushing the prices up and wages are not going with it.

 

Rent Skyrockets As Private Equity Giants Move In.

 

California leads America in homeless, by far. Unregulated capitalism at it's finest.

https://www.usich.gov/tools-for-action/map/#fn[]=1200&fn[]=2600&fn[]=6400&fn[]=10200&fn[]=13400

 

Total homeless (the default) is a horrible way to view this. What you need is homeless to population ratios for each state.

Basically, Coastal states with better weather and entertainment have more homeless.

https://www.statista.com/statistics/727847/homelessness-rate-in-the-us-by-state/

 

I can't read anything on that site. Big ad asking for money I can't find a way to close.

I do think the total shows all we really need to know. California is screwing over it's workers. But that is the case all over America nowadays.