Corporations Claim There's a Housing Bubble
According to Forbes, Business Insider, Yahoo!, and other large publications, there's a housing bubble that's about to burst in America.
Why are these corporate-owned media outlets all pushing the exact same news at the exact same time? It may have something to do with who's ringing the bell, and not so much the sound it makes.
It's actually huge multi-billion-dollar corporations suggesting that there's a housing bubble that's about to burst. "Oh, how nice of them," you might be thinking. Remember the time that the huge corporations warned people before the 2008 collapse? You don't remember because it never happened. They were too busy evicting senior citizens in order to make more profits.
So, whatever is actually happening in the housing market today, it's odd to see huge corporations warning people that there's a housing bubble in America.
Statistically speaking, the corporations are absolutely correct. There is a housing bubble in America, and it's quite large.
A housing bubble happens when the demand for housing out-paces the supply of houses available, and so the prices are boosted up sky high. That's inflating the bubble. When these factors change, that bubble could burst and cause a serious crash in market value. Corporations know all too well how housing bubbles are created, since it was sub-prime mortgage lenders who created the last one.
This time around, corporations are back at it again, buying up as many empty houses as possible (see Blackrock), and refusing to sell them. So, it's awfully suspicious that the very entities working to create the housing bubble are now suddenly so altruistic in warning you about it and suggesting that there are different things you can do to protect yourself, namely spending your money with them. Total coincidence!
Corporations Have Never Been Guilty, Ever!
If you were to ask anyone from these corporations, or their major supporters in government, these large corporations have never been guilty of effecting change in America's housing market. You can tune into the likes of Ben Shapiro right now and listen for hours about how it's a fantastic thing that a fair and free, open market allows these corporations to spend billions on houses that they just sit on in hopes of the values going up once they create a bubble. It's never the fault of the corporations. It's always ultimately blamed on the everyday people of America, who go to work every day and are just trying to live their lives.
Instead of focusing on the advice corporations are giving you about how to solve the problems that they create, maybe just focus more on your own life. Pay attention to what's happening, sure, but don't jump every time there's some coordinated corporate push to scare you into spending more money.
Corporations Never Have to Worry
It's true that there's a lot to be said about people who got in over their heads with adjustable-rate mortgages in the early 2000s, and the part they played in the housing bubble exploding and the market crashing in late 2008. Though there's a whole lot more to be said about greedy corporations that gave huge mortgages out to people they knew couldn't afford them, simply because the companies thought that they'd make their money coming and going. Just being honest about the state of the modern world: Corporations never have to worry about anything. Ever.
The biggest corporations in the world never fail. They get in "trouble" and change their name to Enron. Did you know that of all the times Pfizer has been sued, for instance, that they are legally allowed to create shell corporations to take the fall? And you probably don't even want to be reminded about how many times the taxpayers have been forced to bail out these huge, reckless corporations. The fact is that it's never the corporations that have to worry about the state of the economy. They are never going to eat a loss. They can overcharge you for the mere air you breathe, then turn around and get free money from the government.
The point here is that everyone knows the housing market has been a bit on edge since the COVID pandemic started in 2020. But when it comes to these large corporations warning you of a bubble, and suggesting that you put more money into housing, you might want to take a step back and ask if they're really being honest, or if they just want to profit more.
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