No, because lack of vacancy is being made up for by the for profit prisons.
Did you even try to read my comment?
They are trying to create a serf/slave class again. The last time they made a serious play was the depression.
Melkath
joined 1 year ago
Boomers are selling off all real estate to conglomerations. Either directly or through reverse mortgage.
Then the conglomerations either overcharge for rent OR they make you homeless, which makes you kitty corner from prison.
They also own stake in for profit prisons.
They are basically designing the next depression, which I am sure will work out for them this time.
So, in essence, you are telling me that healthcare debt is one of the most solvent types of debt in America, and instead of passing real assets which follow a different set of rules, Boomers are cashing out real assets to pay off unsecured debts, which would have been absolved in the estate proceedings, leaving the real assets to be passed off to the children?
But Boomers are dumb and greedy, so they are not taking advantage of that just to make sure they can have their mojitos?