Advocating for laws against the Libor and Community Developers in their greed to buy houses at dirt cheap and sell for x times the purchase cost above market value. Reminds me of recycling, and I question how good of a deed that really is. Eternity is a long time. They sell the houses above market value because they’ve collaborated on making the neighborhood appear a certain way to attract their next cycle of victims in search of a promise.
They say racism is the underlying reason white people move from the city like in 1945 when many African Americans moved from down South for jobs. I think it’s Community Developers including developers, investors, foundations, think tanks that generate the old recycling movement, and the Libor which sets our interest rates; these promised low rates and for better schools etc encourage people to move. This is a blessing for the developers and realtors who now stand to gain Assets, not the millions of people using federal housing insurance and financing for Home, many can’t call it an asset when it chains them to their freedom and happiness.
To the racism part, I know a few people who in 1945 lived in a city that turned to suburban sprawl, and many foriegners from Africa moved there, most families moved out with a promise and a house on the market, but they remained, many elderly, but most just as or not as racist as the next guy.
Community Developers look for Assets! Once they find a neighborhood they want to recycle, reuse, buy for the cost of dirt and sell at market or above value, gaining huge profit margins they will stop at nothing. Remember with each house sale transaction is money seeped up by the Libor too. When the water breaks, or the balloon pops like it will with nurses, Labour is the word. Labour-Libor-water breaks-pop! At what length are vultures such as developers willing to go to get their prize, Assets? And how can we save our selves?
