It wasn't long ago the housing market bottomed out, but, it wasn't the wealthy that experienced the greatest price, it was the USA Middle Class. They lost their homes and possessions as Wall Street contracted and jobs were lost. Neighborhoods became empty with lost community culture.
At the same time the wealthy saw a huge opportunity before them. They bought up houses at depleted prices and waited. They had the luxury to wait.
Today those that bought up housing and property are catering to the wealthiest of our society.
So.
Now, that the USA Middle Class has their jobs back be they new or rehired, they still cannot return to their status of ten years ago when owning three homes was a requirement to express the opportunity the Bush economy provide. The illusion of wealth caused people to remortgage their homes and invest in what they believed would be a future of luxury.
Do the privileged ever suffer from demoralizing life events, it would seem not.
In New Zealand when a citizen suffers devastating events in their lives they get help from the government to keep their lives intact knowing their future will be returned to them. In the USA when events occur out of control of citizens they are shown the street to become homeless. Does recovering to a status of the past have the same rewards? No. The recovering American has a life permanently damaged with the only hope being to accept defeat at the hands of irresponsible Plutocrats and find a simpler life to hold onto.
Washington(AP) " It's still possible in Boston (click here) for a mail carrier, an accountant and a Harvard-trained psychiatrist " basically, the crowd from "Cheers" " to live as neighbors.
That finding by the real estate brokerage Redfin makes the capital of Massachusetts a rarity at a time when neighborhoods in most U.S. cities are increasingly isolated from each other by income and home values. Redfin analyzed home sales over the past 24 months in 20 major U.S. cities, breaking down the data by neighborhood.
San Francisco, for example, enjoys the benefits of tech fortunes, but its homes are largely unaffordable for the police officers, firefighters and teachers the city needs. And while housing in Baltimore seems affordable, low and unstable incomes there have depressed home ownership rates. Ribbons of highways have also ferried the middle class out of cities such as Detroit, leaving behind concentrations of poverty....
When a government is responsible for the quality of life of their citizens Wall Street isn't provided impunity.
New Zealand is one of the countries that want the TPP. There are some that are convinced the TPP will deliver a life they can only dream of. New Zealand has to lower it's standards in governing to allow the TPP to take hold in their country. Why is it a country that values its citizens more than the wealth brokers making the biggest mistake of their generations.
At the same time the wealthy saw a huge opportunity before them. They bought up houses at depleted prices and waited. They had the luxury to wait.
Today those that bought up housing and property are catering to the wealthiest of our society.
So.
Now, that the USA Middle Class has their jobs back be they new or rehired, they still cannot return to their status of ten years ago when owning three homes was a requirement to express the opportunity the Bush economy provide. The illusion of wealth caused people to remortgage their homes and invest in what they believed would be a future of luxury.
Do the privileged ever suffer from demoralizing life events, it would seem not.
In New Zealand when a citizen suffers devastating events in their lives they get help from the government to keep their lives intact knowing their future will be returned to them. In the USA when events occur out of control of citizens they are shown the street to become homeless. Does recovering to a status of the past have the same rewards? No. The recovering American has a life permanently damaged with the only hope being to accept defeat at the hands of irresponsible Plutocrats and find a simpler life to hold onto.
November 21, 2015
Washington(AP) " It's still possible in Boston (click here) for a mail carrier, an accountant and a Harvard-trained psychiatrist " basically, the crowd from "Cheers" " to live as neighbors.
That finding by the real estate brokerage Redfin makes the capital of Massachusetts a rarity at a time when neighborhoods in most U.S. cities are increasingly isolated from each other by income and home values. Redfin analyzed home sales over the past 24 months in 20 major U.S. cities, breaking down the data by neighborhood.
San Francisco, for example, enjoys the benefits of tech fortunes, but its homes are largely unaffordable for the police officers, firefighters and teachers the city needs. And while housing in Baltimore seems affordable, low and unstable incomes there have depressed home ownership rates. Ribbons of highways have also ferried the middle class out of cities such as Detroit, leaving behind concentrations of poverty....
When a government is responsible for the quality of life of their citizens Wall Street isn't provided impunity.
New Zealand is one of the countries that want the TPP. There are some that are convinced the TPP will deliver a life they can only dream of. New Zealand has to lower it's standards in governing to allow the TPP to take hold in their country. Why is it a country that values its citizens more than the wealth brokers making the biggest mistake of their generations.
