Economist Michael Hudson warned that the parasite anti-economy (finance, real estate, insurance) would devour the real working economy. Article link in the comments.2wk ⋅ JayBrock ⋅ r/ABoringDystopia
My wife and I just celebrated our tenth anniversary of not stepping foot in any Walmart. It feels especially important this Christmas season:4yr ⋅ JayBrock ⋅ r/ABoringDystopia
For those who can't fathom a.) why rent keeps going up, and b.) why banning for-profit land-lording is inevitable:1yr ⋅ JayBrock ⋅ r/lostgeneration
House prices go up = rent goes up. House prices go down = rent goes up.7mo ⋅ JayBrock ⋅ r/lostgeneration
Slave quarters at Mount Vernon vs. rentals in Silicon Valley. Land-lorders will not stop until they are stopped.7mo ⋅ JayBrock ⋅ r/lostgeneration
The top 10% of earners do not qualify to purchase the average Canadian home. This is what happens when banks and land-lorders dominate a nation.11mo ⋅ JayBrock ⋅ r/canadahousing
Tenants = breadwinners for landlords. This should terrify parasites.1yr ⋅ JayBrock ⋅ r/LateStageCapitalism
This is why UBI is 100% GUARANTEED TO FAIL. You have to get rid of parasites first. More blood = more blood for vampires to suck.4mo ⋅ JayBrock ⋅ r/lostgeneration
NDP leader's wife is a land-lorder. All these corporatist politicians pretend to care, but they're just neo-feudalists. We need a people's party.8mo ⋅ JayBrock ⋅ r/canadahousing
Happy Sept 1st! Today, 117 million Americans—overwhelmingly assetless working folk—will hand over the lion’s share of their after-tax income to 24M land-lorders who hoard shelter in order to extract rent-interest by means of the implicit threat of homelessness. We must ban for-profit land-lording.8mo ⋅ JayBrock ⋅ r/lostgeneration
2-bed only $50,000+ per year. Land-lorders will not stop until they are stopped.9mo ⋅ JayBrock ⋅ r/canadahousing
My wife and I just celebrated our tenth anniversary of not stepping foot in any Walmart. It feels especially important this Christmas season:4yr ⋅ JayBrock ⋅ r/Anticonsumption
Parasite investors are targeting Guelph. Average house price has risen $650k in the past 10 years and is just getting started.9mo ⋅ JayBrock ⋅ r/canadahousing
$9000 per year for half a bedroom. This will not stop until we ban for-profit land-lording. It's a usurious feudal institution that is long overdue for destruction.1yr ⋅ JayBrock ⋅ r/LateStageCapitalism
Don't tell the poors, but raising interest rates isn't necessary to curb inflation1yr ⋅ JayBrock ⋅ r/LateStageCapitalism
A new month, a new record. Land-lorders will not stop until they are stopped.8mo ⋅ JayBrock ⋅ r/canadahousing
Happy Sept 1st! Today, millions of Canadians—overwhelmingly assetless working folk—will hand over the lion’s share of their after-tax income to land-lorders who hoard shelter in order to extract rent-interest by means of the implicit threat of homelessness. We must ban for-profit land-lording.8mo ⋅ JayBrock ⋅ r/canadahousing
Land-lorder making $22.8k per bedroom per year. They won't stop until they are stopped.1mo ⋅ JayBrock ⋅ r/canadahousing
$685/month per bed x 6 people per room. They say if you work harder you'll get ahead, but in this parasite world it is literally not true.1yr ⋅ JayBrock ⋅ r/LateStageCapitalism
Toronto just raised its development fee to $139,830. That's right: You have to pay $140K to bureaucrats for nothing. You still have to buy land and build the house. This is how governments intentionally help to drive up house prices. No wonder Adam Smith hated rent-seeking.1yr ⋅ JayBrock ⋅ r/canadahousing
Rents will rise until we reform land-lorders. They will not stop until they are stopped, it's that simple.11mo ⋅ JayBrock ⋅ r/canadahousing
49% of Canadians are now spending more than 50% of their income on housing. We totally shouldn't get rid of shelter financialization by nationalizing the banks and banning for-profit land-lording. Just keep voting Blue and Red, I'm sure it will be different this time!5mo ⋅ JayBrock ⋅ r/canadahousing
Blatant conflicts of interest should = jail time. These parasites have an incentive to engineer housing hardship for all.6mo ⋅ JayBrock ⋅ r/canadahousing
$950/month not including utilities. Mattress on kitchen floor in 300 square foot basement apartment. No stove. Land-lorders will not stop until they are stopped.8mo ⋅ JayBrock ⋅ r/canadahousing
How can one be the leader of the LABOUR party and pledge support to a RENTIER? It flies in the face of political reality, morality, and economics.1yr ⋅ JayBrock ⋅ r/LateStageCapitalism
2.2 billion acres of Crown land covered in rocks and trees, but house material prices are skyrocketing...2mo ⋅ JayBrock ⋅ r/canadahousing
I was craving bagels so I made these bad boys for the first time ever. And they were edible!4yr ⋅ JayBrock ⋅ r/Breadit
It's time for would-be homeowners to get serious. It's either buy, move, or revolt.7mo ⋅ JayBrock ⋅ r/canadahousing
Serious question: How can one be the leader of the LABOUR party and pledge support to a RENTIER? It flies in the face of political reality, morality, and economics.1yr ⋅ JayBrock ⋅ r/Labour
If voters were serious about legit affordable housing (and they overwhelmingly are not), this garbage would get taken down immediately:1yr ⋅ JayBrock ⋅ r/LateStageCapitalism
In a desperate attempt to keep house prices high and people enslaved in debt forever, Canadian banks have now introduced infinity mortgages. Same monthly payment, forever. This is how civilizations die.9mo ⋅ JayBrock ⋅ r/canadahousing
I was craving bagels so I made these bad boys for the first time ever. And they were edible!4yr ⋅ JayBrock ⋅ r/covidcookery
This upcoming dip might be the last buying opportunity for the middle class.1yr ⋅ JayBrock ⋅ r/canadahousing
The despotic Fed plans to end-run the Bank of Canada and directly buy 50% of all Canada Mortgage Bond bond issuances this year. Here's what this means:1mo ⋅ JayBrock ⋅ r/canadahousing
Rupert Murdoch's Wall Street Journal is running side-by-side stories about parking. One for, one against. What's the play here? Or is it just a pure keep-the-plebs-in-a-state-of-confusion?1yr ⋅ JayBrock ⋅ r/LateStageCapitalism
The Great Real Estate Scam is so embedded in Canadian culture that even pizza places feel okay to joke about widespread human suffering.1yr ⋅ JayBrock ⋅ r/canadahousing
Even with CMHC's wishful thinking on house prices in 7 years, how many more Canadians will this force overseas?8mo ⋅ JayBrock ⋅ r/canadahousing
Tonight I'm raising a glass to Jewish comedian turned Ukraine president Volodymyr Zelenskyy. Hard to think this might be the last night of his life.2yr ⋅ JayBrock ⋅ r/Scotch
Nearly 20% of Ontarians aged 20-29 are fleeing. Who will keep the bubble alive?8mo ⋅ JayBrock ⋅ r/canadahousing
