Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Economy

bucolic_frolic

(47,737 posts)

13. For many years, It has been written Americans will live on less

Reply to appalachiablue (Original post)

Thu Sep 19, 2024, 07:25 AM

Sep 2024

This is the method. Constant restructurings and churning of assets and ownerships. Each new owner strips out costs, raises prices. They've done it to clothing, machinery, power equipment, shoes, electronics. Houses is the latest fad. I don't know how to fight them. People will be living like sardines, locked and loaded. It's no way to live, or maybe that's the whole idea.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

15 replies

= new reply since forum marked as read

Highlight:

Private Equity Devouring Last Affordable Housing In US: Mobile Homes, Latest Target, Rents Spike [View all] appalachiablue Sep 2024 OP

This is one of the most important issue's facing us. CentralMass Sep 2024 #1

Absolutely, another bad sign for the county, many problems to clean up. appalachiablue Sep 2024 #10

WA AG taking them on cbabe Sep 2024 #2

Excellent, glad to know this. Thanks for posting. appalachiablue Sep 2024 #5

PBS had a very sobering documentary about this issue a couple of nights ago from Aurora, Colorado Deuxcents Sep 2024 #3

Thank you, I'll look for the program.. appalachiablue Sep 2024 #6

It is a series called A Decent Home. I had no idea this was happening nor did those caught up in it Deuxcents Sep 2024 #8

Thanks for the title, I'll check for it again. I knew PE was buying a lot of appalachiablue Sep 2024 #9

According to JD Vance DENVERPOPS Sep 2024 #4

I believe it, lying worthless mess. Immigrants buying up houses, what a crock. appalachiablue Sep 2024 #7

With these predators, it's the land they are after. They come in, evict the owners..some living there 20 years Deuxcents Sep 2024 #11

they want the land DENVERPOPS Sep 2024 #12

He's so low, insecure and awful appalachiablue Sep 2024 #14

For many years, It has been written Americans will live on less bucolic_frolic Sep 2024 #13

The scary truth sorry to say. Its'very troubling to watch this process and appalachiablue Sep 2024 #15