![If you ever wondered if the FED is incompetent, look no further than the current director [612x408 - 48KB]](https://pic8.co/sh/fPedit.jpg){kind=link}
They are extremely competent at stealing our wealth. The fed is jacking up interest rates, making homes unaffordable to new buyers, and forcing existing buyers to sell because of inflated property taxes.
jews are doing this to us. They blew our money during "lockdowns" and are now printing money and shipping it to corrupt jews in the Ukraine.
In response, the "federal reserve" is jacking up interest rates to "fight inflation" (that was created by lockdowns and the blank check for the Ukraine).
In reality, this was all planned. The fed is working with Blackrock and team. Blackrock is buying up the residential real-estate, propping up real-estate prices. At the same time the fed is making mortgages and property taxes too expensive for middle class Americans, so Blackrock can buy it all up and rent it to us, making us serfs.
Eventually, when these jewish institutions control the residential real-estate market, they can implement "15 minute cities" (prisons). Because you can't afford your own property, you'll be forced to rent in one of these prisons.
The money the fed is printing is being shipped to overseas jews. We're being looted as a nation by jews at a greatly accelerated pace and being transformed into total debt slaves.
The FED issues every dollar at interest. The rest follows as an inevitable consequence of this fact: there is no money, there is only debt.
Oh, you are still screwed. When rates go up, people can't borrow as much money at the high rates. This crashes real estate values because demand plummets. Your home is going to be worth less.
So which is it, property value go up, or property value go down? I'm confused.
Property values should go down when the fed rigs the rates higher, because people can't afford as large of a mortgage. Borrowing 500,000.00 at 2.75% is only a 2,041.00 monthly payment, but 500,000.00 at 8% is a 3,669.00 USD monthly payment, nearly double.
Blackrock is buying homes with their gigantic piles of cash now that normal people can't afford it, which is keeping the price relatively the same.
The local tax jews are reassessing property values at much higher property values, which is screwing even existing home owners with much higher monthly payments. This is going to force a lot of people on a fixed income into selling their home at the worst possible time.
Blackrock isn't planning to sell those properties at a loss, either. They plan to rent them perpetually and use that as their revenue stream.
The Fed is forcing people into homelessness by raising rates, while Blackrock is buying the properties they are being forced to sell, which keeps property values high, which increases property taxes, which forces even more people to sell their homes.
Get it?
Well at what point is my home going to be worthless?
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