The Living Indoors Conundrum

In these last few years (OK, decades) I’ve had the privilege of getting to know the generations younger than me and my fellow Boomers, and the financial situation that they face. It is almost unbelievably daunting. 

My parents, Greatest Generation, and mine were able to live indoors for about 30%, or less, of our net incomes…  Not so anymore!  

I’ve met some of the newest generations of highly skilled and/or highly educated professionals for whom the cost of living indoors has exceeded 50% of their gross income(s).  

That’s insane!  

I’ve heard many a business writer and talking head guess at what the causes for those circumstances has been; is now.   Largely got/getting it wrong.

I believe the use of forensic accounting, and property tax/accessor collector, investigations will discover that the cause of the enormous spike in the cost of living indoors is inventory manipulation that has, in turn, caused the spike in associated costs.

Private equity, and their ilk, are buying large numbers of houses (single or multi-family), condos and apartment complexes under the guise of LLCs (Limited Liability Corporations).  They are labeling these acquisitions as investments, not homes.  This covers their tracks in anti-trust violations and allows them to avoid paying property taxes; covering their assets.

There is a way to rectify this problem. It is one problem with multiple symptoms. We will all need to vote, vote for Democrats, because the Republican criminal syndicate (RCS) has been purchased by the wealthy investor, oligarch (aristocrat wannabe) class.  The RCS has demonstrated, in this election cycle, that they will retire from office rather than face an extremely well purchased, primary opponent.

Register, check your registration, and vote in your own, enlightened, self interest!