One solvable problem

Right now the biggest SOLVABLE problem is housing prices. The total takeover of all government by lunatic devils is NOT SOLVABLE.

Many people have incomes that should be enough to raise a family, when judged against overall cost of living OTHER THAN HOUSING.

The New Deal enacted price controls on rent, which remained until 1952**. After the laws were repealed, landlords continued operating in a normal capitalistic way, responding to supply and demand. Location location location is another way of saying healthy negative feedback.

Nobody was controlling entire countries, nobody was cornering the market for America, Canada, Australia, Britain and Germany all at once.

The corner started in 1990 after all industry had moved to China. Here on the west coast the corner started with Chinese millionaires who had kept their money in Hong Kong. When China began the process of absorbing HK, the millionaires moved their money to Seattle and SF and Portland and Vancouver. They bought the best houses and business buildings, removing them from normal turnover.

The corner came later in the rest of the land mass, around 2010 to 2014. At that time Blackrock and a few others moved in and swept up ALL the usable houses in cities that their Chinese transfer of industry had impoverished. Classic Mafia tactics. Destroy a company or neighborhood or country, then buy it cheap.

Lots of web commentators are documenting this change, but NO politicians are even pretending to discuss it. Breaking up the Chinese and Finkian monopoly on real estate would go a long way toward relieving the massive suffering of everyone who isn’t Chinese or Larry Fink.

Of course it won’t happen, because China and Fink ALSO cornered the market on politicians.

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** Later, pinned down the details. I’d heard it mentioned by Henry Wallace, and also in a radio newscast from 1951. I “remembered” writing about the latter here, but apparently didn’t.

After some wandering through online sources, found the actual law. It started in 1942 as part of the Office of Price Administration, and was gradually weakened after the war and ended in 1954.

All residential rent was covered, except for lodgers in a room of a house. Offices and stores were not covered.