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IPFS News Link • Housing

American Dream Of Home Ownership Turns To Dust

• Technocracy.News

The giant investment companies like BlackRock, Vanguard and State Street are well likened to giant vampire squid that suck the lifeblood from their prey. Available private property for purchase is vanishing from the American landscape because it is being purchased and turned into permanent rentals. ? TN Editor

STORY AT-A-GLANCE

> The vast majority of the world's assets are owned by just two investment firms — BlackRock and the Vanguard Group. Combined, they have ownership in nearly 90% of all S&P 500 firms, and through their investment holdings they secretly wield monopoly control over all industries

> By now you may be familiar with the World Economic Forum slogan, "By 2030, you will own nothing." To that end, BlackRock and other investment firms are buying up every single-family home they can find, making cash offers of 20% to 50% above asking price

> Buying a home has been part of the American dream since the founding of this country. It's been a significant part of financial success, security and freedom. George Washington declared that "Private Property and freedom are inseparable." Now, lower to middle class Americans are being intentionally positioned to become permanent renters, which means they cannot build equity

> This is wealth redistribution from the low- and middle-class to the upper, and it's in line with plans for societal reorganization described under banners such as The Great Reset, Build Back Better, Agenda 21 and the 2030 Agenda for Sustainable Development

> These agendas all work together toward the same goal, which is a global monopoly on ownership and wealth, with a clear separation of the haves and have nots; the owners and the owned; the rulers and the ruled; the elite and the serfs


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