by Al_Sharpton_for_President ➕follow (6) 💰tip ignore
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Yes, with housing, student loans, and crazy unregulated medical bills, the entire goal is to trap as many people as possible with debt.
Once you are in debt, then lenders can threaten you with eviction, garnishment of wages, etc. So you must work for them.
It's all about control over labor. Your slavery is their freedom.
Yes, with housing, student loans, and crazy unregulated medical bills, the entire goal is to trap as many people as possible with debt.
Once you are in debt, then lenders can threaten you with eviction, garnishment of wages, etc. So you must work for them.
It's all about control over labor. Your slavery is their freedom.
Yes, with housing, student loans, and crazy unregulated medical bills, the entire goal is to trap as many people as possible with debt.
Yes, with housing, student loans, and crazy unregulated medical bills, the entire goal is to trap as many people as possible with debt.
Once you are in debt, then lenders can threaten you with eviction, garnishment of wages, etc. So you must work for them.
It's all about control over labor. Your slavery is their freedom.
True, it's best to own outright if it's a better deal than renting (which is usually not the case in the Bay Area). Though owners still have the infinite-term rents of property tax, insurance, and maintenance.
Owners are more locked in as well. They cannot sell without losing 6% to the realtor mafia. Renters usually have a lot more flexibility, and can move more quickly without much loss beyond the inconvenience. The commitment for renters is much lower.
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