How BlackRock and Boomers Teamed up to Destroy America
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- Опубликовано: 1 июн 2024
- Watch the full conversation here: • Tim Dillon: Disney, Bo...
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You should have to be a US Citizen to be able to buy residential and agricultural land
Bingo
It's not a county anymore, it's an economic zone. It hasn't been a country since before the turn of the last century. The 50s was just re-spirtulisation if you read evola.
America thrives with other rich people pumping money from other countries into America. The cannot take the property out of the US. They have to pay for the upkeep. It's a win win.
Also you should have to reside on a residential property. No corporate ownership. No Air BnB.
💯
Blackrock need to be broke up, Vangard too... Any Company that has the power to sway Gov policy should be broke up.
or gov policy allowed it in the first place and now you are asking for more state control
...many more to name.
State Street.
Many rei groups...
Corpocracy is real... 'it is a big club... and you are not in it' --Carlin the timdillon before tim dillon
Broken up, not broke up!
@@dertythegrower fancy seeing you here.
Monopoly laws are already in place for this reason but they r being ignored due to lobbying money. Dont u think it must stsrt w outlawing lobby money first?
No matter who you vote you can rest assured nothing will be done about it. We're headed for a brick wall.
I am the irresistible force then. We'll see who breaks. My money says that I can outlast them.
I'm voting Trump. The guy that the deep state is trying to destroy for a reason. Enjoy being a defeatist and accomplishing nothing though.
Who you vote for matters a ton. Just not who you vote for president.
Vote RFK Jr. He's the only one who has actual solutions.
@@so1o2k3 No. He's still a gun grabber. Trump is a 90s Democrat, JFK Jr. Is a 90s era far left progressive.
People need to quit calling Truthers "conspiracy nuts"
Last days. Antichrist is here. The vatican, pope. They run the UN. READ "Washington in the lap of Rome." (2012 book originally written in 1800s)
The word “truthers” has a bad connotation due to propaganda. Does anyone have a better word? I do agree though 👍
@@mdm032 Skeptics is a better word.
I'm a conspiracy hypothesist. I only accept conspiracy theories when facts add up.
which is way more often than I'd like.
@@mdm032 lol I guess you're right
All the "hippies" turned out to be SELL OUTS.
A lot of them did. They hated “the Man” now they are the Man.
@@Annie-lu5rt just most
Their original posture was a farce. They were always after power and wealth.
They finally came out of their perma-trip and once the fog cleared realized they had no brain left and needed a news channel to fill the gap. Thats how CNN got its start
They were from the beginning. They were only able to do and live how they did is because they had rich parents and they were trust fund babies. So they could not work and start their "communes"
A corporate landlord from California bought our trailer court in small town Wyoming, and our rent went up almost 300 bucks in 2 years and they won't let our kids have bikes or toys out in the yard where they can be seen a. Plus a bunch of other stupid rules. People that could only afford to live here before they sold out now can't live here either
Let me guess... behind the gas station in Casper?
Cali people are weird.Im sorry for you.
woe you are in sw wyoming.... did you know mister gates got an old power plant there? yikes. and he wants to put leaky nuclear in that plant
It's been an open secret in my small WY town that californicators bought much of Main Street after the uranium bust and US Steel closed up shop. They want a bunch of hippy-dippy tourist traps and non-chain restaurants but the rents are exorbitant and most businesses go belly-up within a few years because locals can't justify $18 burgers and made-in-china dashboard-hula girls.
I played golf the other day in California with a guy that owns a trailer park in San Antonio. May God help those poor folks that have to deal with shmucks like the dude I got paired with randomly that day. If you are lower income living on the edge, the property situation in America is getting dire.
Ban foreign residential ownership now!!
Right on it boss !!
Blackrock owns your kids learning curriculum. Good luck here
That is why people like me, sacrificed a two income family to stay home and educate my children.
@@a.l.1275your children will grow up as normal human beings with virtues
Not when you homeschool!
@@a.l.1275education isn’t enough, in this new world you need to have connections and money to survive. All my friends from high school were idiots but they are well off because of their connections.
The property thing is exactly what is happening in Ireland 🇮🇪🤬
Ireland has bigger problems right now
God bless your country too❤
Around the world
Its happening globally. I seen it 20 years ago the koreans were buying up the philippines
happened in Vancouver BC 10 years ago.
No corporate ownership of residential housing. single family, anyway. the whole game is broken
What is interesting is every western country have too many people move in and then there is not enough houses, supply and demand….housing and rents have skyrocketed
the immigrants are our replacements not neighbours .... immigrants dont ask for unions or days off or dental benefits or life insurance or RRSPs.
I also watched a podcast last week where a mortgage broker was convinced that at least half the property sales are happening privately, which are mostly investor and big corporations purchasing property. It appears to the public that there is not enough property for sale but there actually is. Since it’s going private sale to big investor corporations, it’s going to create “shortage” but the goal is to force the middle class to be renters….so you will own nothing and be happy. She said the public is not getting the real numbers bc the MLS doesn’t have to report the numbers of private sales, just the public ones. Sad if true😢
@@beckymocniak When I sell, my property is going up for top dollar, cash. And I'm never going to give realtors 6% of MY profits. And MY money is not staying in the US.
Nobody seems to want to talk about that. They blame everyone but the ones actually responsible. Somehow, they cannot see the cause-effect relationship. Adding 12M to the population in three years and change and there is no accompanying increase in the number of housing units should have profound effects on the cost of housing. Guess what? It does. Not only are they competing for entry-level housing, but they also put downward pressure on wages. Throw in the fact that apartments have moved upmarket in response to demand and you have a pretty perfect storm. Ironically, the ones most impacted are the ones who voted for this.
Don't forget the fact that we lost like probably 35%++ of rentals to the Airbnb market!! And in touristy places like Florida it was probably up near 60% loss to Airbnb!
And how many millions of illegals have moved to Florida and Cali and NYC?!!
_It's a generation of people that don't want to stop._
Because the moment you stop, self-reflection can't help but begin to occur. And these are folks who do not want to look into the mirror.
We used to have one political party that wasn't entirely captured by corporate power - now they both are and that's why crap has been going down hill since 1990.
Which one was not captured? The Libertarians? Face it, you just believed the propaganda they were feeding you. Now you don't anymore and that's good.
Ever had anyone call you out of the blue and ask if you're interested in selling your home? Blackrock.
Thank Google, They listed my home on the internet (like everyone else's home). They show when it was built, how much it first sold for, and it's estimated value. Using this information, they can go online to the local phone book and get your name and phone number.
Along with just about every realtor in the county.
Figure this- my live-with boyfriend of 10 yrs owned two rental properties. A two/family and a single family. He works as an IT consultant and I get lifetime spouse support, so I don’t work a full-time job. However, I am very handy and do all the repairs on the rental properties. Around 2018, I started getting these text message offers for the rental properties on my cell phone. I don’t on these properties and there are no financial statements tying me to these properties. How in the heck were they texting me if I wanted to sell my rental property located at a “particular address” when I don’t on the property?
Are they watching where I’m going and they send property offers to me?
"You can buy my house for 5x market value, otherwise you can lose my number".
Havent recieved a call or piece of mail since.
Yessss
Boomers aren't selling often because it doesn't make sense to move to a smaller place for the same money they sold their home for. Pricing is that screwed up. It isn't worth it especially when they consider the hassle. Florida condos (over 3 stories) are really bad now because of the recent situation with HOAs being required to keep a maintenance reserve. The big condo collapse brought that into focus. Plus insurance along the coasts has skyrocketed.
My house will be paid for when I retire. I'll have no house payment that's why I"ll be able to retire. There's no way I could start paying rent and HOA's. These people are ridiculous.
I am frequently asked if I would move, and where. My place has tripled in value over the last 10 years. I call that a good investment. The problem is exactly what you said, though. I can't get anything worth having for that kind of money now.
I'm 66, just paid of my mortgage last year and living alone, widowed. I've paid for more than forty years between two houses we bought, I'm just happy to not pay a mortgage anymore on my social security. My daughter and son in law will be moving up here this year probably, it's not unreasonable, I just have no desire to pay the same for a much smaller house.
also - pretty sure we have property rights in this country. Why would anyone sell their home just to make someone else feel like they are getting a fair shake in life? He makes an ignorant argument.
Boomers achieved everything, without knowing anything, how? why? Cuz the economy allowed them to, millennials and other generations, tried to learn as much as they can to obtain their level of favor, but since the economy does NOT favor them they keep slipping behind no matter what, boomers are just spoiled brats who pay themselves on the back and point their fingers every else, simply cuz they were born at the right time nothing more nothing less
I get texts weekly asking if i am interested in selling my home, company's are buying up all the land and renting for super high amounts. I will never sell to a corporation, when it comes time to sell it will only be to another individual. Folks we have to keep real estate in the people hands
I'm still getting daily phone calls wanting to buy my little house. Most of these callers have foreign accents.
Real estate is the easiest way of money laundering.
Richard Werner Father of QE on Blackrock Creating Inflation
ruclips.net/video/qkN2jddexm0/видео.html&ab_channel=tehdrek
2nd easiest is real-estate. The easiest is art.
Book deals are pretty easy too.
@@Dee-nonamnamrson8718 exactly, modern art especially, Hunter Biden sold his "artwork" for how much again? Lol crooks
Fighting and Funding Wars say's "Don't Forget about Me"
Corporations should not be legally permitted to purchase single family homes
I lived in a fourplex in downtown Long Beach and my landlord Gary was the nicest guy. Still talk to him to this day. Every other tenant stopped paying rent and he had to sell to Black Rock. Most landlords are pretty legit men. I couldn't understand the sentiment of landlord bad, government good. There was no mortgage moritorium.. haha It was an obvious landgrab.
Actually, my mortgage company - to this day - asks whether I need a deferment due to the scam. I'm smart enough to know that if I do that I will not be able to pay the back P&I when the deferment ends. If a landlord (investor) borrows money to buy a property as an investment he's not going to make it anyway. Just like any business, if you start off underwater (in debt) you will not succeed.
Correct!!
He’s describing Vancouver, Toronto and how the same thing is happening in Canada. You should have to be citizen of a country to own real estate in that country.
Dillon is making a career out of cutting up boomers. The boomers I know have either downsized like he wants, or have kept the bigger homes to accommodate adult kids. I am in the housing industry in Canada, and in our country what is screwing the younger generation is the massive immigration our government has been doing, as much as 3-4 times higher than acceptable levels in order to keep up with demand in home building. Since our present government took over in 2015, our average house has doubled, and in some areas has tripled. The decision to enact those policies had nothing to do with boomers. It is beyond troubling in the US to see career politicians serve 30 plus years in office, and have their net worth grow to tens, or in some cases hundreds of millions of dollars. The beef should be with the corruption of those in power, not individual boomers. Until voters wake up, both the US and Canada will continue their decline.
A lot of our problems here were caused by NAFTA and the continuing outsourcing of jobs. That's why America First with Trump was so important. The only industry that grew in the Obama years was the service industry. That's why these younger people who grew up into that world want 20 dollars an hour to flip a burger. They just don't understand service industry jobs aren't producing anything of value and can't pay wages in the same way other industries do. Other problems are people can't create a business because they can't compete with larger corporations...these should have been struck down as monopolies and of course the big problem with housing is letting foreign investors and corporations buy up houses. This isn't a 'boomer' thing so I think whipping up the younger generations into a frenzy to the point they want the older generation to just die already is extremely irresponsible.
Spot on Joe
@@LynnS-gd8wq Yes, I am in Ontario in Canada, and our minimum wage is going to 16.20 for students, and 17.20 for anyone 18 and older this year. I have a friend with a son (15 years old) getting 20 an hour because they can't get people to flip burgers for less. A lot of business owners are working 80 hours a week with a small business because they can't make money on these higher wages at small service places.
I agree. Scapegoating all boomers is unfair. My Mom saved her entire life to buy a house and if this was 5 years ago she would have no problem buying the house she saved up for. But with house prices essentially doubling in the last 5 years now its out of reach since her retirement income isn't enough to get a loan even though she is sitting on tons of cash. They did what they were told they were suppose to do. What I will say Canada is a bit of a different animal what I hear of areas like GTA its the homeowners putting up roadblocks for more apartments being built and why things like basement apartments are so prevalent. Putting up roadblocks for the solution of a problem while also profiting from the result of those roadblocks I think is especially nefarious.
@@mrt094 Yes, I have been in the housing industry in the GTA for almost 40 years. I think a lot of the concern from residents about future building is that people just want things a little planned out, but the city of toronto has opened up the process quite a bit. My experience has been that, regardless of the will to build, we simply can't physically build quick enough to keep up with demand (not enough construction workers), and the municipalities and regions are charging huge development fees, and the approval process takes way too long. A friend of mine is involved in a small development, and just got all the approvals after about 6 years. The worst part is that the cost for legal fees and development fees before even starting to build is around150k per unit (that is a little higher than normal because of the municipality in question), which is ultimately passed on to the buyers. My biggest fear in Canada is the amount of younger people who are giving up on our country and leaving for greener pastures, which wasn't happening anywhere near as often 10-20 years ago, but I certainly understand why they would leave. Hopefully better days ahead.
BlackRock helps keep the Almighty WalMart Corp no 1 in the world. Very telling
China is blkrock
Chinese manufacturing and south American vegetables and meat. No more USA giving grain to refugees in their country, Biden brought them here to eat your savings.
Lots of clueless ppl still shop there.
The current local government of Scottsdale, AZ put the owners of Walmart in charge of "environmental sustainability," for the city. Completely ridiculous, but none of the citizens even seem to know this.
Hey Mister, I'm a Boomer struggling to pay my mortgage on fixed income less than my SSI. Praise God as a Caregiver n rave referrals I'm making it. Living in South no picnic without AC is tough. However I'm so Blessed and do my best to Pay it Forward 🙏
You had your whole life and the period of the best economy to ever exist on earth for any generation and you didnt prepare. Why would we feel bad for boomers like you?
@@ordinaryretrogamer6944eh generalizing is too easy man. I don't know this man's struggles, disabilities, etc.
But yeah man in the 80's there were 18% interest rates! Now inflation outpaces interest by such a wide margin that we will have to resort to gambling/investing if you want to ever retire
The bottom of your pillow will be that last thing you see.
@@ordinaryretrogamer6944 In that case, why should anyone feel bad for millennials and Gen Z who complain about not being able to afford a house yet spend their money on frivilous stuff like the latest tech gadgets, 50+ different streaming channels and food delivery services every week? Maybe if millenials and gen z knew how to manage their money properly they could afford to buy a house.
@@user-nz3rv2ov2m shut up boomer
Black Rock holds all of Ukraine and you think the war will end? Oh, blessed are the believers.....
With all due respect, Biden, Mcconnell and Pelosi are not Boomers.
Hahaha...
True it’s the silent as well
Exactly! Why isn't The Silent Generation taking any of the heat? It's not just Boomers.
@@lorianderson2008 Great point. I think it's because the average silent generation person that's still alive is in decent health due to having a low stress lifestyle with access to medicine. In other words if they were poor they'd be dead by now.
Poor people(most of the population) don't really have a 78-96 year old adult figure in their lives unless they work in hospitality or healthcare.
It's not just BlackRock, the entire hat tribe is the problem.
Something are very wrong when a carpenter for instance are living in his car despite the fact that he works full time and more.
Forbiding non nationals from investing in real estate should be a start.
100% agreed. Im not a socialist BUT anybody working a fulltime job should have 'shelter' options. Even McDonald's workers SHOULD be able to afford rent at least.
Forbidding foreign ownership would be a great start. Forbidding corporations from owning residential real estate(aside from apartments, condos).
Sadly the country I come from has based our entire GDP on our real estate market. It is so aggregious how unaffordable it is to even rent.
40 % of the Boomers are moving into retirement with no savings.
Because they are taking care of their idiot kids
Many never recovered from the downsizing of the 1990's.
Tim’s not taking about THOSE Boomers. He’s talking about the Elitist ones that won’t step aside. The one’s whose lust for power is endless. The ones that think they’ll live forever.
Those are the boomers that rebelled in the late 60s and never held down a job or were given much of a choice, their parents probably just let them do whatever they want, but realistically the boomers that came from wealth/ upper class or even upper middle class are doing very well now financially. Just imagine how many of those dabbed into the top funding stocks today at its infancy and now they’re sitting and laughing at the younger generations lol
If that's true...they can sell their fkn house(s).....then a series of problems solved themselves
Over the last 5 years a ton of vacant and farm land northwest of Phoenix has been bought up and being built up with cramped, ugly apartments, tiny rental homes and huge, sprawling industrial and distribution development. Disconcerting.
Don't get a Mint Mobile phone! They're funded by BlackRock!
I bet most phones are funded by Black Rock anyway. Apple and google are just as evil. And partially funded by Black Rock
Do you have a link or something to prove this? Really curious because i use mint.
If you're going to start boycotting everything that has a degree of ownership linked to Private Equity, you're literally putting yourself on a Starvation Strike
Ryan Reynolds will find out where u live
Foreign nationals not be able to own any property in the USA
Correct, Foreign Nationals shouldn't have the right to own land here. But yet they do. They are also buying up our mineral rights and our water rights. The Swiss company Nestles owns the water rights and companies lkke Deer Run, Zepherhills, etc.
little Nazi isnt it ?
@positivelycurvedpikachu no, it's smart. I mean....if.you want to have a society. Which it looks like, we don't want a society
should not be able to own or buy any property in the USA ..
What do Blackrock, G. Soros, the ADF, and people like Mayorkas have in common?
Tribe.
Pattern recognition is key. Henry Ford wrote a whole book about this group and how much damage they do.
I'm done being civil. Psychiatry/pharamcology is just one fucking racket out of dozens(?) that pervade the lives of everybody.
Why can Pfizer write the rulebook for pharmaceutical efficacy & push their own products? Why can patented drugs cost 1,000s a month? If you're "lucky", your insurance "pays" for it and your premium is the cost of a fucking mortgage.
I know too many Americans with medical debt who are drummed out of polite society. They cant buy a house. The game isn't a secret, its just too depressing to imagine it might be real
You are Correct 👍
And most people have NO Idea what's Really Going On !!!!
And Who's Behind It.. and Why 🤨😠
@@user-mf4xm2sf6v Yup. You hear about Mexico's new president? Tribe member again, seems "cartel approved". Strange how that works.
Yup. The elephant in the room nobody wants to talk about.
Been saying this for years, I only rent from actual owners, not corporations
This guy is amazing. He actually got me to thumb down a Tucker Carlson video. I didn't believe it possible.
Did your fee fees get an owwwie
Same here. This guy needs to stick to his "comedy".
I found the boomer
@@tonyh1345 Apparently I'm 'Gen X.' I had to Google it, because I don't actually give a shit. I just don't like negative generalizations.
@@George_Taylor_ my balls stink
Black Rock = The Kosher Nostra...
Please do not throw around that kind of antisemitic rhetoric.
Some idiots think like that
@@rep.dancrenshawtx-2688 Exactly, can't say anything like that against the only one's above criticism.
Sorry not as worldly as the aforesaid request not to be anti semitic...what exactly do you mean by that?...why is that considered offensive?
@@ayshaa3022 because they recoil when you point them out
No. It's how Blackrock and our government teamed up. My government increased my taxes 400%
That's the definition of fascism.... isn't it?
Full disclosure: I am a tail-end Boomer who is third-generation Californian (Bay Area). Overall, I enjoyed the full interview between these two, but the part about us old folks was quite a bit off. Dillon included folks like Nancy Pelosi and Mitch McConnell as Boomers (and hence should retire or die), which is way off. They are in their freakin' 80s, which no Boomer is.
Plus, all the recent high-rise residential construction around Berkeley had been cheered on for years by the so-called YIMBYs, who are predominantly in their 20s and 30s and denied being (perhaps naively) shills of developers. Oldsters like me were skeptical about the construction, knowing the units have been all-rental, no condos -- something a young person could possibly buy and build up equity. Now they're griping that there's nothing to buy. YIMBYs were a thing around here up to 4-5 years ago. They all seemed to have disappeared. 🤔
Generational prejudice is BS. Putting labels on people or putting them in boxes is very stupid.
Does your generation feel the same way about millennials? Get Z?
@@grocerygoat06 I can't speak for a generation, I can only speak for myself. I believe we are individuals.
Agreed!!!
@@JohnCBurzynski We are individuals to an extent but we exist in groups. A baby left alone will not survive. The idea of radical individualism is just as ridiculous as full blown communism. In philosophy this is called "the one and the many"
@@novaxdjokovic9592 Sounds like you have an interesting blend of ancient philosophy and sociology going on. Cool, but I think ageism is overly simplistic. Ones beliefs, education, culture, upbringing, geography and more contribute to ones attitudes and actions than their birth year. What makes us what or who we are is more complex.
I have a good job, great savings, great credit, drive a paid off vehicle, zero debt, 34 years old, and have to live with family. Houses are up 40% in just a few years, with a horrendous rate ontop of it. The only houses i can afford are the ones falling apart, and located where you will be listening to gun shots and watching drug deals out your bedroom window. Even just the rising property taxes are breaking people that already own. You need two full time incomes to afford a 1 bed apartment. When my parents were my age, they had a nice house, camper, boat, vacations etc, on two average job incomes. I don't think ill ever have the life they did. The American dream today is being able to eat something for dinner.
Sorry, but your facts don't add up. If, in fact, what you say is true, you don't have to live with your parents. You are choosing to. I have everything you put out there (great job, great credit, & savings) except I have a car payment & some debt. I live in one of the most expensive areas to live in the country (Orange County), & I live a very comfortable single life (w a dog that costs about $800 a month to feed.
You should have bought a house 5 years ago when they were half price.
@@leifkemp print(type(first))I live in a small town in the Midwest. I pay $600 a month for a tiny studio apartment (a hovel) next to a railroad. If I had a dog, my rent would go up another $50 per month. This is the least expensive rental I can find. I'm not calling you a liar, but I am saying you are very lucky, assuming of course you're telling the truth.
@@networth00 i know. I didnt expect that we'd have a ch1c@m operative get into the WH and destroy our country.
@mkaberli614 I am very blessed, for sure. I have worked my *ss off to get here. Our definition of a "good job" is different, apparently.
Two years ago my financial advisor recommended we invest into BlackRock. I told him not to present these type of corporate elite stocks that undermine the country, ever again
The problem with his “boomer” analogy is that the “Boomers” should be split into no less than two (possibly three)subgroups that are drastically different from each other.
the ones that took advantage of the easy life, the ones that didnt and still made it well-off, and the absolutely braindead ones that couldn't catch the underhand toss they were dished
@@DoIoannToKnow That about sums it up doesn’t it. Bravo.
Now I understand.
I'm a Canadian boomer and did not contribute to this North American nightmare!!
Do you expect me to forgive that?
@@theknifesong I mean, you can't forgive him if he did nothing wrong that warrants forgiveness... /:
how do you go from billionaires and corp. buying up homes to end it with grampa won't sell his home?
It would make sense if he was working for black rock.
@@Severienne I mean, that's at least 100 of them then add all the share holders and you start seeing %'s
My baby boomer parents are still busting their asses off working..they can't afford to retire.
Some were losers; like your parents.
They were set up, too, to start out thinking things were going to keep going well, even keep improving.
If a boomer can't afford to retire then they are insanely dumb
The game in a nutshell. -be an absolute savage, burn anyone and anything to get ahead, while bamboozling everyone ELSE into playing by a set of rules that fundamentally limits them. Thats hard for good people to get their head around so they just keep perpetuating that game. Problem is the savages have almost won the entire boardgame and all the pieces on it. Very soon thatll be it. No more game pieces to win
But if there was a solution it is most highly probable that neither you nor I would suffer much let alone for our very own self. Thus whatever the solution is must be so entitled almost good we the people are assisted to engage within it. A completely new innovation. Something which does not distract from the current establishment too. The other option is war. The entitlements are well over 100 trillion dollars now. Yes, we could in theory sell off our natural resources. This would afford us at least a generation. Do you agree?
just walk away. There are options.
@@valuetraveler2026 tell me your big option and I will show you mine. Lol. I like to be goofy. Quid pro quo you tell me yours and I will tell you mine option Clarice.
I’m the son of a WW II combat veteran, a boomer. We’ve been fighting insurgent democrats (Marxists) for 50 years. Boomers are overwhelmingly conservative patriots. That, is the truth. Do with it what you may.
I hear you. But the Marxism is demonic now. We are living in biblical times. Hopefully we come outof this soon. Because we might be in a realm of no return.
That's why we had to wait for Millennials to start voting to restore gun rights in California? What were Boomers doing while high capacity magazines and assault rifles were being banned in California in the 1990's? Were they enjoying TV, movies, sports, and other entertainment while the government in California took away people's gun rights?
It should be illegal for anyone but an American to buy a home…and only 1… maybe 2.
go to China or Cuba. that's your place
I see no problem with that. Can we admit we don't live in a capitalist society yet?
When govt debt owed to foreign countries starts getting called we'll just inflate the dollar to the moon, print money that's worth less than paper its printed on & square everything that way. (Over 99% of USD is now digital but you get the point, not much paper currency relatively)
The interest rates aren't the problem, all Real estate is way way Way overvalued. Commercial will be the first to go ( already started) and residential will follow. 50-75% drop will put things back in balance. 2008 2.0 the losses will be staggering. Tax State revenue will plummet and municipal bankruptcy will be wide spread. No amount of money printing will stop it. It's inevitable.
" No amount of money printing will stop it." I think you are technically wrong in that aspect here is why. I spent a lot of time looking into hyperinflations of different economies in the past. What were the imminent signs, etc because obviously I feared it happening in the US. What I learned were two things. First hyperinflation wasn't triggered by a magic number in terms of rate of inflation it was phycological once people lose faith in the currency and did the math that buying things ahead of time was better than waiting and spending more that is when things got crazy and the wage price spiral really took off. And second every single chart I looked at, Zimbabwe and Weimar Germany is a good example, with the rate of inflation leading up to the hyper inflation there was a steady rise in inflation then a massive deflation/disinflation. And after that massive deflation that is when the rate of inflation went parabolic. It goes back to the idea politicians and bankers will always chose inflation over deflation. Once the deflation hits that is when the real money printing starts and the "melt up" begins. So yeah they will stop the deflation technically by hyper-inflating the currency. Like the idea that asset places will deflate and things just normalize I don't know of an example of that ever happening in history.
Hey Tucker, Thank You for also paying it Forward. You are America's Hero w BB's.❤️
Our tax assessor hired a 3rd party software company to do their job and everyone's rates went through the roof. We live in one of the poorest counties in GA. i had a friend who owned an abandoned condemed home without a floor and they valued it like it was move in ready. thousands of people who just never applied for appeals are just agreeing to pay the nearly doubled rates. It is astounding the irresponsibility of everyone supposedly 'doing their jobs'
What is wrong with people? I live in a rural southern community as well. We had a new assessor a few years back and it's raising every year. People just can't come together and fight these things that really matter because they are too brainwashed with BS like this is all boomers faults or whites faults or blacks faults. I do think this is why they want the country divided so bad so they can do what they want.
Does this guest think his opinion of boomers being greedy and materialistic is limited to one generation? Based on my own living experience and from what I'm able to read and learn and see with my own eyes generations coming up behind me are not that much different when it comes to the less flattering traits he ascribes to boomers which is only to say there are greedy and shallow people from all walks of life and times.
He's a simpleton.
As a generation, they voted for Nixon and Reagan, who took us off the gold standard and sold our manufacturing jobs to China for marginally cheaper consumer goods, both of which are causing the problems young people are dealing with today, which any home-owning boomers is usually pretty insulated from because they got a high paying career right out of high school, and made enough money to be able to pay for big-name university tuition, housing, and car payments working as part-time burger flippers while still having spending money. Your children are effectively paying 10x as much as you did after adjusting for inflation, and are making about 60% of what you did working the same burger flipping job. Just like we don't judge Rome for each individual Roman, history will judge boomers by the results of the policies they voted in and the fallout instead of the poor granny who tried to vote so her kids would have a good life too.
It is not generations that are materialistic it is CLASS that is materialistic. Look at the elites (Hollywood, nouveau riche, old money families and people like the Rockefellers, Rothschilds and Vanderbilts). They are the people who dreamed up this great reset nightmare NOT the boomers. Hell I didn't even know what Blackrock was until a couple of years ago!
Boomers did not vote for Nixon. Those that were old enough to vote (25 percent) voted for McGovern. Minus the 60000 who died in Vietnam.
Happening in Australia too
I get that Blackrock, Vanguard and State Street are nefarious and should be broken up, but I simply bought a house 35 years ago.
I really resent someone like this supposed comic blaming the "Boomers" for this mess!😠 Maybe he should look at what his non voting cohorts are doing!
That guy's kinda big to be a whiner, isn't he?
Tucker Carlson fyi I will no longer give Fox News a thumbs up. You are the man Tucker Carlson. May God protect & bless you and your family. Thank you for continuing to fight the good fight.
This is absolutely true. In my own neighborhood there’s at least half a dozen homes that sit empty. All owned by corporations it’s a disaster
I live in a very small town in N. Texas. We are remodeling a house here that was bought by a guy in California. He's trying to set a reasonable rent for this town, this demographic but with the cost of materials, taxes, and labor; He's looking at 700+ and thats very high for our town so no locals can hope to rent it. Our factories shut down and all big business is in Wichita Falls which is still a 30min commute away. Theres other landlords from out of state and their homes rent for 800+ with no amenities or even a nice layout. The people that can rent these homes aren't from the town and thus move here and poopoo on the locals. My town is mainly elderly and their homes arent in the best of shape. A new guy from Dallas showed up about 2yrs ago and he started buying these elderly peoples home and he works for a company called Cap Rock. He bought 9 homes and they sit empty as I type this for 2yrs. This whole housing issue is concerning and very confusing. Whats the end goal here??
forced government housing in 15 minute cities.
The housing market has changed about every 10 years . Right now it’s high.
Absurdly high
400k for a crap 2 room house?
Yeah its just a little high. No worries, I'm sure people will be less greedy over time, and not more
One of the reason that BlackRock (and others) will able to do what they did was because of greed on the part of landlords and the drive for "passive income".
In the past, rents were manageable/affordable for various reasons but the main one for the small landlords (the ones that had one house to live and another, or two, to rent) was that they only charged enough to cover the mortgage and "miscellaneous" , it was a away to "buy a house, have someone else pay for it and then sell it (or give it to the kids) and make a buck). You didn't have these small landlords charging so much rent so they could live off that income.
one thing about blackrock you can't say tehy're doing wrong is cybersecurity, the only firm never to be hacked
thats interesting
Only citizens should be able to buy and own real estate
Blackrock is owned by the ccp.That is were most of there investments are.
No, Blackrock is Jewish
If that is true, then the CCP own Biden.
@@coffeeandxanax2158multinational corpocracy group...
many more, state street also... so many rei groups rerenting entire neighborhoods in ny, georgia, nc, tenn, and florida
Larry Fink is the CEO of Blackrock. Same guy who bankrupted the California pension system. He hired a lot of Obama era executive branch employees to Blackrock in order to get a foothold into politics. This guy is trying his best to 'out-Cheney' Dick Cheney.
Live in the Seattle area and were able to buy a house in early 2021. When we met with the Notary to sign all the paperwork, we had our kids with us. The Notary made a comment about how good it was to see an actual family buying a house. Of the nearly twenty signings they had scheduled for that day, we were the only ones who weren't foreign investors. That's messed up!
Just remember, they will be in full control over who they put in our neighborhoods in their rental homes. They can put whomever they want and they’re working in conjunction with the WEF who’s trying to take us down to serfs
Why does Tim Dillon remind me of a younger, slightly less obese version of Michael Moore?
Every great fortune starts with a crime.
a little communist
Thank you, Dostoevski.
That “rent moratorium” was a Trojan Horse
this why alot of former colonized countries has laws that either prohibits/hampers foreigners owning land in their respective territories
I am a boomer but donot put me in the same click as Biden, Schumer, Pelosi , McConnell etc.. I have never voted for these idiots. I am an independent thinker so knock it off. So I donot call you a whining babies
According to Graham Stephan the amount of residential houses bought by companies like Black Rock are less than 2%. You should have him on your show.
Man .. as someone with boomer parents, the bit about boomers is so true lol
Corporations should be forbidden from owning real estate, not just residential, ALL REAL ESTATE. All corporations should be required to register every 10 years, no exceptions. If an organization wants to incorporate, they should be required to 10 years. All foreigners have to be forbidden from buying anything in the US, no exceptions.
I am a 77 year old Boomer. I disagree with some of the things that the guest said about the Boomers. Factually correct perhaps about the very wealthy Elite's. But for normal American older people. We relish our retirements. The fact this young man doesn't get is many older people are holding on to there homes for their children. Leaving there kids what they have amassed thru very hard work some working in factories for years and years. Doing very hard work. And saving there wealth to pass on tho their offspring is a very noble thing to do. His judgments are harsh unfair and have a sad and selfish bent to them. does he have kids by the way. Tucker I expected better from you.
So just so you can relish your retirement, no matter what, and the boomer paradigm decides to bail itself out repeatedly with Faustian bargains, and financialize everything , and offshore everything to enemies, your kids need to cross their fingers that they may be able to afford a place to live and grow, when you die. How kind of you.
I doubt it, he's gay.
I do not know a single person who has been given a home from their parents. I'm sure it still happens, but its the exception, not the rule
My 84 year old Sister, looks like it will take all the assets she has to take care of her caregiving needs, probably do a reverse mortgage. The reason boomers aren’t downsizing, is the value of their home has increased, but you aren’t any better off to sell it, you would be going backwards, to sell a nicer home and get a less desirable place. They are smarter than that.
@@DoIoannToKnowUsually because all their possessions are disposed of by having to spend it on nursing homes!
Plenty of housing is available in the US away from the cities, and away from the coasts. I live in a regional area (8 counties) with around 500,000 population, with about 190,000 in the largest county. You can easily find a nice 3/2 house in the area for under $200,000. Spend a little more and you can get multiple acres, easy. Even better, our area is in desperate need of reputable and honest skilled tradespeople. So it isn't just "we need tech workers who can work remote". We need everyone, and not just retail or clerical jobs here, either. There are 4 colleges, several multinational companies, and all sorts of activities and opportunities to live a great life. A better way of life is out there, but you have to go looking for it and you have to be willing to vote with your wallet and your feet. Living in big cities and on the coasts and complaining about it will do nothing. As Tim and Tucker point out, the people spending money in those areas are 1) typically foreign, and 2) don't care about anyone else at all, especially you.
This man is very thoughtful. I’ve been broke and dealt with two difficult types of landlords. One that were apartments owned by large bank conglomerates like JP Morgan (for example) and one that is a local landlord that invests in real estate. I had to go to court and win with one and the other, I could have a conversation with and tell them my situation. I am still in the latter’s home. And I couldn’t be more grateful. I am back in school, now. I am in double STEM field major and I will be moving in 2 years to buy my own land with a great career. But my landlord I have now is a big part of my story to getting where I am now. She will be rewarded. If it was one of these blood sucking corporations? No, they can go fuck themselves.
Geeze, that was a very shallow look at the RE market…boomers aren’t to blame for everything guys!
Your mother lives in her "paid for" house for 30+ years and doesn't want to leave. It's her fault she doesn't want to Die. Really Tucker I'm surprised do you want your children to act like this?
ABSOLUTELY! I am so pissed at Tucker for laughing and nodding like an idiot when that spoiled brat "kid" blamed it on boomers and theirnot wanting to die. Kevorkian would be proud!
BOOMERS DON'T WANT TO DIE BECAUSE THEY WANT TO TORMENT FUTURE GENERATIONS FOR ALL ETERNITY. THAT'S THEIR ONLY PURPOSE IN LIFE.
@@stevestewart007 I agree! Boomers are the ones that worked hard and took great care of this country and had morals and decency!
@@bls5160lol boomers took TERRIBLE care of this country. They ruined it!
Tucker - u may want to walk that conversation back. There were some really stupid generalizations in that convo. Another example of someone putting the blame on another race, generation, etc. Ridiculous.
That’s how you folks roll. They embrace the victim life
🙏Grandmother's Lore is claiming all lands in Australia. All states have been served. Gov cannot provide contracts of original land sale thus proving 'stolen land' & returned to rightful owners ❤ The Original Aboriginals.
OH SNAP❗
My boomer parents worked till they dropped dead. NEVER owned a home and it seems the boomers are getting a boat load of shite lately
Born in 1958, I have dedicated my adult life to human service. I never had extra money to invest period. Baby boomers did not do this. Deregulation of federal policies that prevented these international real estate investments happened under the Regan administration in 1983. It has been a downhill slide into money laundering ever since.
Yes. Same in Canada, and same with my life. Take care!
What did the boomers do to stop anything? I didn't lift a finger so it's not my fault right?
@@theotherorange3586 What are the young people doing now to stop money printing?
Bro from a generational perspective, they did. They control policy, they control markets, they set the laws, and they overwhelmingly benefit.
@@theotherorange3586 Many of us wrote letters to state and federal legislators in behalf of our patients and communities. Feudalism stopped it. Here is California all of our civil rights have been administratively captured and shifted to an authoritarian state. This is a global trend. No one could have stopped it. It will devour itself. I am leaving CA for the Midwest where I can actually own and farm a small piece of land in a cottage community.
As a "younger" Boomer (63), I am SO TIRED of constantly being blamed for the demise of our country. We aren't all greedy, self centered a$$holes. I live on SS and military pension, in a rental I can barely afford, with my son, and just want to work in my garden & hang out with my pug. Thanks to the pandemic, I can't even go to town more than once or twice a month, it scares me to be around inconsiderate young people that don't have the courtesy to cover their mouth when they cough and don't care enough about their minimum wage job of $15/hr to even get my sandwich order right. When I was in the Navy in 1980 I earned $4.75 an hour! Think about it.
We know and nobody is talking about you. Just the elitist boomers who think they are better than everyone and the ones who won’t relinquish their money and power to the younger generations.
Thank you for your service.
I thought about it and you're still a boomer :/
"I made 4.75 an hour 44 years ago, when things cost 5x less, kids making 3x that much today are greedy"
Ok Boomer!
Well it’s because you all been in charge for years and after the greatest past on things got horrible
@slavemonkey5063 Didn't say younger generations were greedy. I said the ones I encounter are inconsiderate and have no work ethic. And I opened my comment admitting I was a Boomer. I also recognize that there is good, bad, & ugly in all generations. So pull the stick out of your a$$ & troll someone else.
Is there any way we can strip the companies that are doing this and resell it to the people for pennies and forbid the companies from owning a certain amount and not let foreigners get any of it
Las Vegas new builds are large swathes Chinese owned now. It’s shocking. They even gave the tract housing streets Chinese names on some streets.
Be wary of leasehold
Same outcome.
Lots of retirement living being built in Australia under leasehold rather than land ownership.
I hate it when people attack "Boomers". I'm a boomer and have been frugal and saved all my life. I did not take anything from any of the generations after mine. I have raised a gen X, a millennial, and a gen z. All have learned to work hard and not just slouch around. My sons work their butts off just like their dad. We BUILT our own home, and it is now to large for us. There is NO WAY we could downsize as we would liked to have done, because our home has been paid off for over 10 years. It turns out to be okay, though, because my millennial and his wife and child lived with us for 2 years until they could get on their feet. Our gen z is getting married in December, and he and his bride will HAVE to live with us, because he could not afford to live anywhere other than a crappy, unsafe apartment in our nearest city. STOP blaming "boomers". We ARE supporting change in DC. Stop snivelling, you spoiled little jerks. Work hard like we have.
Most didn’t work hard trust fund babies I wouldn’t call hard. The greater has it perfect then your generation ruined it.
@@wilsonatore How is it being broke?
Wow… you’re so out of touch. The I- got-mine -so-eff -you crowd is something I despise.
It is not the boomers or the following generations fault....our country and our dreams have been highjacked.
Fuck you Steve, and your big paid off house. Sounds like you didn't do to well raising your kids.
3 years ago you could buy an older, small home in my town for 80,000 to 90,000 dollars. Those same homes are selling for 180,000 to 210,000 dollars. A home goes up for sale and is sold within hours to a few days. The for sale sign is replaced with a for rent sign.
Love how Tucker ask a question like he’s doesn’t know the answers but really asking the questions because he knows the answers quite well!
Tim’s not wrong. I’m a plumber from California. I made 130k last year, have a nice little nest egg in the bank and have a credit score 725. My wife’s small business was destroyed by COVID and if I were to take a 600k loan for a house my mortgage would be over 5k a month with these interest rates and with a 600k loan your choices are garbage. It isn’t worth it. I also heard that when interest rates were 1% houses would fly off the market so quick it was really hard to buy. How do compete against these big investment banks buying real estate?
Boomers are selfish because they don't want to die? Your insulting generalizations have demonstrated the amazing wisdom you have developed.
I mean, their irrational fear of the inevitable was no small part of what made the pandemic miserable. Less than a 1% chance of death, shut down everything?
you seemed to have missed the point there genius..
Boomers are selfish because they ruined America
The blame the boomers stuff is getting old. There are far more elements in the equation than, "the boomers did it."
Like "Russia, Russia, Russia". Time's up for the "boomer" stuff, and the millennials and Gen Z should just shut up, especially after mooching off all of us by not wanting to get real jobs and work hard!
Dillon is a dumbass.
@@stevestewart007 Who raised these generations? The boomers. So you should "shut up" and own up to the fact YOUR generation raised these kids and destroyed the economy while at it.
@@stevestewart007 Y'all voted to send all the manufacturing jobs to China, and nobody wants to work a job that can't even pay for a studio apartment with a full 40hrs/wk. This is just the fallout of 60 years worth of shortsighted voting and a generation of people who gauge a person's worth based off of their property values without considering the implications on people ever being able to afford a $500k house when pay has effectively gone down since the '70s due to stagflation. You got to play life with training wheels and a full set of safety gear, your kids get to play life on a unicycle while juggling chainsaws.
Then please explain it to us "youngsters." (I'm 50). The Baby Boomer generation was the only generation that was better off than the previous generation AND all of the generations after. You all are the only humans in history that left it worse than you found it. Please, stop pretending that you "sacrificed." You were in your prime during the biggest economic boom in history. Greed is synonomous with your generation....so eat it.
Mostly apartment buildings being built in Michigan now, not many single family homes except expensive custom homes.
I teamed up with Blackrock? I don't think so!
The good old generation blame game .
So ,true.
nobody is blaming the last two generations. Only one specific. think again and try harder
@@DoIoannToKnow There's enough division already without introducing new fake ones based on age .
@@PhilipCockram that gау hippie crap is great when it covers your аss from looking bad. But relax, this isn't a personal indictment, just a true generalization of a demographic
I will listen to the entire video but these pet names for when person was born idk but what about the silent generation,do you mean boomer 1 or boomer2? Ans generation X?Did they do anything wrong? Tired of lumping us in with 10's of millions of people 🙄
1 Timothy 5:8 - Anyone who does not provide for their relatives, and especially for their own household, has denied the faith and is worse than an unbeliever.
All this is from the WEF Claude Schwab. He eas said you own nothing and you will be happy.
You can't blame boomers for blackrock.
Thank you! He is sort of off the rails
Blackrock board is probably 80% boomers
Yes you can who do you think runs all the Fortune 500 companies 🤔.
so impugn an entire generation for a few from that generation who are in power and corrupt? this “othering” of huge swaths of people needs to stop…
Larry stink
So what is this kid's point, we won't just die or give up everything we've worked for and get out of his way?
My thoughts exactly.
He just said what his point is Einstein your generation was born into prosperity gained off the beaten sweaty brows of your parents generation the WW2 generation. Your entire identity is centered around materialism. And yet you look down on my generation as if we are the scum of the earth because we haven’t attained the level of materialism yours has. Yet your parents generation fought for everything you now have and you gloat it over others as if your better
I think he is trying to convey that boomers are refusing to allow next generations to move into their 'rightful' place. When boomers were young they were allowed to promote in jobs, buy real estate, take political office etc. They could take their 'adult' place in the world. They could do that because the generation before them 'got out of their way' as you put it. A lot of trends were broken meanwhile, for example old people age in place. They work forever because most jobs are office jobs etc. They own all the wealth thanks to crony capitalism and the rally on the stock market. Boomers were born at the right time and even though they are enabled to help their kids and grandkids, they are refusing to do it. This is how I interpreted the interviewee's words.
The Grim Reaper retirement plan will work harder.
Let go of your ego.. you obviously don't understand how the enemy is using a war of attrition against you.
They are not just going to show up one day out of the clear blue and snatch up anything and everything you own away from you all at once.. it will happen over a period of time spilling over into the next generation, your kids and grandkids.. and they are already currently being worked on and gr00med for this war.
These entities don't just snap their fingers and take over in an instant, it is an incremental process.. boiling the frog.
Don't get complacent and let your ego think you are going to win ultimately and you have already had your victory in this battle, it is far from over as this has been playing out for decades and will take nearly as long to slow it down, to ultimately stop it.
Time is a ticking though and the clock is winding down. You really need to wake up because your mentality is what is leading everyone to the slaughter.
Tucker is not allowing the truth! Why interview a guest to meet his narrative?
This boomer says You can’t eat your house. Sell the big house and enjoy the cash by living in a modest house.