- Joined
- Mar 28, 2015
- Messages
- 962
- Location
- Australia
people actually believe they own their "castles" and the bikes in their garage, when in fact in most cases the bank owns it all and they're paying on a 30yr mortgage which after 30yrs literally nets the bank a free home in interest payments equivalent.
and what's really both amusing and troubling is that these home "owners" are stuck with the property taxes for homes the bank in reality owns! but it's like they never see it in those terms.
it's a giant con game wrapped up in a ponzi stock "market" with all kinds of tax schemes perpetrated on you the debt-slave, while you proudly exclaim, "i pay my taxes". LOL
ever hear of Stockholm Syndrome?
edit: think about why home prices are so high, esp in terms of stagnating wages. (see above quote in my previous post -- all part of the turning up of debt-slave screws, since 1913.)
Agree 110% and look at cost of higher education and cost of living, all designed to keep the working class debt slaves whilst the 1% and .01% get richer.
Over here we have capital gains tax so even if you work your arse off to get ahead.......along comes the tax man.