✺roguetrick✺

Houses are for living, not speculation.

The US making any moves like China would result in one of the biggest crashes this country has ever seen. It’s politically toxic without a revolution or a crash and neither party would pursue it because the upper middle class would revolt if their “wealth” in housing equity would disappear. Even China can’t fully commit.

I wouldn’t be surprised if he had one.

Behold the sparkle of champagne.
The crime rate’s gone, feel free again.
Oh, life’s a breeze with you, Miss Lily White.
Taylor Swifts on the screen today.
Convinced the liberals it’s okay.
So let’s get dressed to dance away the night.

While they kill, kill, kill, kill, kill the poor.
Kill, kill, kill, kill, kill the poor.
Kill, kill, kill, kill, kill the poor tonight.
Kill, kill, kill, kill, kill the poor.
Kill, kill, kill, kill, kill the poor.
Kill, kill, kill, kill, kill the poor tonight.

There’s plenty of left leaning Americans who think Doug Ford is a good guy because he says shit about Trump. It shouldn’t be surprising.

You can’t make pressure treated wood that isn’t toxic to the environment due to runoff at treatment sites. It’s like trying to make carbon neutral portland cement. Just like making clinker from limestone chemically has to release carbon dioxide, making pressure treated wood that can’t be broken down when you place it on soil requires toxic biocide chemicals.

Not really. What they identified was

• megacorp buys property
• megacorp takes loan based on property+development
• megacorp buys property
• land value increases due to all the property buying
• megacorp leverages the land value increase(now the loans are being driven by loans)
• property development becomes completely divorced from any actual need, instead becoming an investment vehicle

This is the financialized model that pretty much drives the western economy. China rightfully saw this as undesirable and put limits on how much developers could borrow based on assets. And this is the result. Realize that many of these loans were foreign investments.

https://en.m.wikipedia.org/wiki/Three_red_lines

It’s been pretty much party line that they want this to happen for some time now. Pooh bear famously made this houses are for living in speech and directly wanted to knock out speculation. They do not want to be the West and define themselves by asset prices rising with no relationship to productivity. What the West would view as a major crisis then is the CCP’s intended effect. They specifically targeted these highly leveraged developers with the theory (correct in my opinion) that the loans themselves are what are driving this “growth” and it’s largely creating a situation of extraction that’s pricing out regular Chinese from housing. Even making noises in that direction would seriously spook Western housing prices. Harris’s solution was famously increasing lending if you remember.

Bullet proof vests and fake badges? Wasn’t a robbery but a st Valentine’s Day massacre style hit job.