Housing: Priced-out homebuyers now face sky-high rents

[TheRealNorth]

2. I am keeping my eyes open for land to build on

With the hopes that construction costs go down (right now wood costs are high due to the pandemic ).

But yeah, since 2010 the investment bank fuckers bought up all the foreclosed houses on the cheap and rent them back to us for a profit.

In hindsight, I think we fucked up 2008 by not coming up with a plan to bail out the home owners who had shitty loans or couldn't pay off their mortgages because they lost their job. Because in the end, the banks got bailed out for giving those shitty loans AND got the house too. Great deal for the the banks.