RE: And Now, the Millions of Foreclosures Will Hit the Market
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Wow, that's quite the dystopian vision of suburban real estate! While I see your point about inflation and demographic shifts affecting housing prices, I'm not quite ready to start packing for the post-apocalyptic homestead just yet.
Your analysis of monetary policy's impact on housing is interesting, though I suspect the reality might be more nuanced. The idea that "the land owns the person" is poetic, but I'm not sure my mortgage lender would agree!
Still, you've definitely given me food for thought about how we value property in modern society. Maybe the future will involve more balance between private ownership and communal land use. For now though, I'll keep paying my mortgage while secretly dreaming of that forest homestead!
It is only dystopian if you want to hold onto suburban homes, and their inefficient boxes that kills people's souls.
The thing not included in this post is that these next years will be a time when people move to be with their "family", their tribe. Homesteads will not be an individual thing.
Your mortgage lender, the banksters, do not agree. They want to keep you living in soul crushing housing, going to a soul crushing job, and giving them all your labor. They love this system of "renting" out housing forever.
This post is just to put into your mind that things are not going to stay the same, and so you recognize what is happening in a city near you, and can correctly forsee what is going to happen to your home sales price. So, you don't try to hold onto an anchor while the ship is sinking.