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 2021: The Year In Review, And A Wee Light In The Tunnel
Bluto 3k posts, incept 2021-07-10
2021-12-27 09:32:20

Regarding real estate, I'm noticed a lot of corporate 401k plans have moved significant holdings into the "real estate" sector. A few years ago, that percentage was "zero". Anyway, this is likely driving the prices up significantly. I hope we don't wind up like the UK or Australia, where houses are basically $1 million dollars and a perpetual ball chain of debt unless you already own. (And if you do own, property taxes will slaughter you). Maybe all part of the plan??

On politics, I think the conservatives/Republicans are also going to wipe out the dems in local elections. The former really haven't paid attention, unless they had kids in the school system, to those elections, but will now especially with CRT, wokeism, trans-story hour, etc... This will shift things hard right, and with a Supreme Court that is VERY pro-states rights, this will make "where you live" more important than ever. Maybe some of these states will even start going after the health care monopolies by passing and enforcing legislation?

I think some of the big "winners" in real estate may be Wisconsin, Michigan, and Pennsylvania if those states elect Republican governors. If they are smart, they will immediately pass laws severely restricting the power of future governors to do "lockdowns" or other nonsense. Free states like Montana, Idaho, and even Florida, Tennessee, etc. are getting too expensive and whichever currently un-attractive states figure out how to attract residents (taxpayers) will win the lottery. The GOP in Wisconsin, for example, is looking at abolishing the state income tax.

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"A society of emasculated liars is easy to control. I think if you examine political correctness, it has the same effect and is intended to." Theodore Dalrymple
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