As America descends into oligarchy, conglomerates and their affiliated political stooges manipulate markets and public policy to centralize power and disenfranchise the historic drivers of social cohesion in America, especially vibrant churches, prosperous small businesses, and thriving families.
Regarding families, a pillar of family formation and lasting generational strength in America long revolved around private property, the creation and sustenance of ownership over single-family housing.
Instead, an increasingly financialized economy in America combines with Joe Biden's catastrophic inflation surge to create a class of disaffected young people who cannot follow the pattern of previous generations.
For these young Americans, the reality prescribed by the Davos World Economic Forum seems to unfold: "You'll own nothing. And you'll be happy. What you want, you'll rent."
America jut registered the lowest birth rate ever, a stunning 20% below the births per woman seen as recently as 2007.
As Axios reports, just in this month of March, mortgage rates rose over a full percentage point, from 3.76% to 4.95%, the fastest ascent since the 1980s.
To put a dollar figure on those percentages, a $2,000 monthly mortgage payment could have financed a $424,000 mortgage at the beginning of March and can now only sustain a $375,000 loanin a span of just four weeks.
https://stevecortes.substack.com/p/biden-crushes-home-ownership-for?s=r
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