Article

2025-08-01 Economy

The American Dream Is Being Bought Out‐One Rental at a Time

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Posted by Besoeker 2025-08-01 00:05|| E-Mail|| Front Page|| [148 views ] Top

#1 This is where the usual white supremacist suspects start blaming DA JOOOOOOZ!
Fact check: Blackrock is not owned by Jews, it's owned by whoever wants to buy shares. So go get some.

Posted by Elmomoter Mussolini9149 2025-08-01 05:03|| 2025-08-01 05:03|| Front Page Top

#2 A Levittown home was about 1000 square feet. Three bedrooms, a bath, small kitchen, living/dinning room with water heater and furnace (no A/C). Based on a 1950s silver dollar now worth $28 dollars, that would be $280K for the same today. Developers want to build HGTV tricked out homes. Governmental people prefer those too for property tax returns all the while talking about 'affordable' housing. It's greed and envy all around.

Posted by Procopius2k 2025-08-01 07:44|| 2025-08-01 07:44|| Front Page Top

#3 we need more large employers to move to places in the US that have lost population in the past 50 years

there are lots of these and they already have roads, water, sewer and gas infrastructure

e.g., Pottsville, PA which has about half the population it did in 1930

Posted by Lord Garth 2025-08-01 10:26|| 2025-08-01 10:26|| Front Page Top

#4 Wait — Pottsville is real? I thought it was just an imaginary location for the Rocky & Bullwinkle cartoon. My learning for today, for sure!

Posted by trailing wife 2025-08-01 11:28|| 2025-08-01 11:28|| Front Page Top

#5 This might explain California's astronomical housing costs. I need an explanation because so many people are leaving the state that I'd expect costs to decline. But then I still don't know why the traffic is so bad and it's completely beyond me how anybody can pay the rent for some of these places.

Posted by Abu Uluque 2025-08-01 12:54|| 2025-08-01 12:54|| Front Page Top

#6 Pottsville sounds like a great alternative to Temecula, CA.

Posted by Abu Uluque 2025-08-01 12:57|| 2025-08-01 12:57|| Front Page Top

#7 Pottsville, PA also has the Yuengling Brewery - a great place to visit.

It is also about 100 miles from Philadelphia and about 120 miles from NYC.

It is in Schuykill county which, over the past 100 years lost coal, railroad and textile industries. Population has decreased from about 240k to 130k in the past 100 years.

I am not a paid marketing agent of the county.

There are quite a few other counties like this in the US where corporations could find lots of affordable housing for their employees.

Posted by Lord Garth 2025-08-01 17:39|| 2025-08-01 17:39|| Front Page Top

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