Make Homeownership Affordable Again, You Can Make A Difference
According to the National Institute of Health, renters are more likely to suffer from chronic disease, heart failure, stroke, and anxiety than homeowners. Renters live 4.5 years less than their homeowner counterparts. Now it's time to fight back.
In 2021, one out of six home sales went to investment groups. Having trouble buying a home? Cannot afford to move? Let's do something tangible by asking Congress to change the laws. 2015 Chinese Invested over $22 BILLION in USA Homes. 62% of Americans cannot qualify to purchase a home due to lack of savings.
Record numbers of Americans have lost their jobs due to the coronavirus pandemic, but rent is still due for many of them. Hasan investigates the underlying issues with housing in America as well as the impending eviction crisis many renters may be facing in months to come.
Blackstone just received a Government Contract to disperse the COVID-19 Rescue Package Dollars and they represent FOREIGN INTEREST. Blackstone is one of many Wall Street Investment Groups that made up 11.8% of ALL RESIDENTIAL HOME PURCHASES. Combine that with CHINA independents’ buying homes with CASH and citizens are left to become slaves to rent. More than 24% of homes sold in Orange County California are now rental properties in 2019-2020.
Young families that offered $15K over asking price are losing their bids because Investment Groups including Chinese and Canadian investors are paying CASH!
This is a major issue in the Sun Belt areas such as Tampa Florida and Southern California Markets. Our estimates show 11-15% of all home sales in Irvine California are Cash and through the Real Estate Records, this number is estimated to be double based on the fact there are no recording requirements of who's purchasing the home.
THE PROBLEM
INVESTMENT GROUPS & FORIEGN MONEY ARE SWALLOWING-UP RESIDENTIAL PROPERTIES WHILE HOUSING INSECURITY IMPACTS OUR HEALTH, EDUCATION, AND QUALITY OF LIFE
HOUSING INSECURITY IS A REAL THING, AND HARMS BOTH THE MENTAL AND PHYSICAL HEALTH OF THE PEOPLE.
Let us Help You, Help the World
As a previous home owner, I know that calling the places I rent a "Home" is a joke. The most painful aspect of renting is when the owner terminates your lease because they:
Decide to sell the house.
Move back In.
Do renovations.
Up the rent to an unaffordable rate.
In the US there are aver 2,000,000 (Two Million) evictions per year, before the pandemic. After the 2008 housing crises, more Wall Street Companies like Blackstone and even worse, Foreign Dollars/Investors have purchased homes with cash, turning these dwellings into rental properties, and with supply and demand, housing prices skyrocketed.
My biggest problem with this model is that all the equity built into the appreciation goes offshore or to corporations, removing precious equity that should belong to a family or person that can use it for health, education, funerals, senior care, and all critical necessities of life. Now the equity profits leave the USA, and the taxpayers are responsible to pick up the tab for health, homelessness/housing, and education.
What We Need to Do!
Fight Back, Stop Foreign Investments and Wall Street from buying residential properties completely or reduce to a fair amount. Stop the bleeding and nature will take it's course and finally renters rights and regulations will become less required.
How We Do It, A Simple Solution!
If large corporations and Foreign Investors want to own residential properties, great, BUILT IT!
Priority One: We can put a stop to corporations from owning existing housing with simple changes to our tax laws, reducing the amount of residential properties they can own, and tax them for homes that they acquired before the new rules more each year until they sell.
Priority Two: STOP FOREING OWNERSHIP OF OUR SOIL. The land, airwaves, space, ocean and sky belong to the citizens of the United States. So why are we allowing our government to allocate our resources to foreign entities?
Simple solution is to allow them to own improvements (houses) when they build "New Inventory" on a property that is LEASED to them for a maximum of 99 years.
Other criteria can include the mandating of foreign owned "residential" properties be placed back on the market.
This is a discussion that needs to take place. Negotiations may take a while, but as an inventor and problem specialist, these methods will have the greatest impact on improving the quality of life, reduce the dependency on social programs, increase the quality of life for millions, and comply to our founding father's intentions.
our motivation
My Great Grandparents, grandparents, parents, and family put others before self and started as settlers in Quebec, became farmers, educators and inventors.
CONTACT YOUR REPRESENTATIVES
We can assist you with requests for change and to whom you can reach out to
Call to Action Items
DO NOT SELL YOUR PROPERTY TO CASH BUYERS UNLESS...
This is a personal decision, but one can make a difference in finding a wholesome buyer
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