So, if the global powers at be decide to move the job market completely online to depress wages, why exactly would they double back and pay slaves more money for their largely meaningless work?
jamesaltucher.com
isn't it obvious? to implode real estate, since it's, on average, the largest single asset most normies have. When there's major distruptions and the pendulum swings too far in one direction, the wolves know there are plenty of sheep ripe for the fleecing. You also need to examine this under the lens of the UN sustainable development goals. They do not want the majority of people to live anywhere other than the major city centres where they're easier to box in and micromanage. The point is this can play out a few different ways, with the end goal being more highly populated mega cities rather than less. This new "work from home" paradigm can be switched off as fast as it was started.
There's alot of things going on with BLM. What happens when a bunch of frightened upper middle class normies flee the cities, forcing them to sell their property and flood the real estate market? at least temporarily, you depress the price of housing and forge an opportunity to purchase the now risky "distressed" properties for cheap. You convert the freeholds to rentals, knowing eventually the riots will subside. Meanwhile the normies end up transplanting themselves (and their voting patterns) to the suburbs, inflating those local markets whose economies cant take this kind of influx without drastically changing the nature of the town they move to.
I think real estate from the center out for about 10 miles will rot and they'll change zoning to allow high density.
Rents are down 30% in Manhattan since Covid.
Here in Victoria the city is tanking but the countryside is thriving. There's no way this huge real-estate bubble is going to stay alive in a city which is about to endure the riots you guys have in NY, and maybe worse. Who knows what the end goal to all this is, but in my opinion the cities are done.
More sprawl is bad - that means less farmland and wildlife /forest - both of which keep America at least, the option for independence. For years the UK maintained green rings - Labor and government in general discouraged growth, large families - then DIEviristy hit - and diversity - making Europeans minorities in their own countries, supercedes all other directives - now the UK is building into those green rings, Labour leading the charge.
To some extent the two outcomes aren’t mutually exclusive
Happened in New York City in the 60s and 70s, and one 'solution' actually poured gasoline on the fire - since the properties were red lined (no insurer would insure it) the government guaranteed to insure the properties. Most of the slum lords were and still are, of a 'certain' ethnicity so a terrible antisemitic slur was born, "jewish lighting' to describe the hundreds of accidental/random/spontaneous combustion fires burned down the buildings. I mean, imagine inferring that landlords would burn down their own unprofitable buildings to collect insurance that could be easily padded since it was a government agency and no one cared. How hateful to imagine such a thing!
Just like all the MSM reporting about peaceful protests and safe South Africa.