Real Estate, a crop that can be harvested every month-Samuel J. LeFrak
This is a follow up to my article I had written last year and part one on real estate and population density.
It’s no secret that crowds are bad. There was a time not long ago when politicians, environmentalists, engineers, ethnologists and biologists warned of what high density does to humans. They asserted correlations of density to anxiety, tension, divorce, paranoia, neurosis, stampedes, schizophrenia, rape, murder and even war. It’s truly an amazing feet after centuries of having this knowledge, we still live under these conditions and I expect it to get much worse.
Pol Pot’s Ideology found urban living impure during the so-called “Good Times” and made emptying the capital a cornerstone of his year zero initiative. The city was an alien land, a place of debauchery, foreigners, race mixers, intellectuals and bad ideas stemming from those who consider themselves cosmopolitan. Urbanities’ rule over the rural had been a festering feud that spilled over after the “Lon Nol War.” With their arrogance and disdain for people who lived not even 10 miles outside Wat Phnom (center of Cambodia), the city inhabitants were slaughtered wholesale by farmers and simple merchants. The provincial peasants were literally shell shocked by ongoing B52 raids, NVA invasion, Huey flybys strafing water buffalo and finally the exile of their beloved king. It had become too much to bear for a relatively peaceful homogeneous society to see such a rapid transformation. Today in the United States, much of this is being replicated as heritage America is under full-blown assault by those who reside in high towers in San Francisco and New York City. We are seeing a mass exodus from the city centers, much like in Kampuchea. This mass exodus out of urban cores is a lull to the next phase of the great reset.
Find A City To Live In:
Let us go back to the communist manifesto and read plank #9:
Combination of Agriculture with Manufacturing Industries; Gradual Abolition of the Distinction Between Town and Country by a More Equable Distribution of the Population over the Country.
Translation circa 2021:
Redistribution of Peoples over Existing Communities, thus causing Metropolitan, Suburban Areas to become more Densely Populated and Indistinctive.
The lockdowns didn’t stop the spread of the virus. What it did was trap poor and middle-class residents in urban areas while the ultra-wealthy fled. It was quite ominous a few months into the scamdemic to notice the number of private helicopters flying over my house transporting the managerial class to and from the Hamptons and Manhattan. Those on this side of politics must realize that the key is not to disturb the balance, with the COVID lockdown being an accelerant causing a knock-on effect to achieve their long-term goals. What you are seeing is a battle between communists and the neo-liberal death machine. Between ongoing unrest, proxy wars, lockdowns etc, it hasn’t disrupted the system and all of this can be seen as an economic stress test and another tool in the chest of anthropological weapons. No black swan, food still abundant though choices will become limited soon, goods and services still available but at limited capacity (lumber, appliances, social services). The rulers cannot afford something catastrophic as this may actually cause some kind of autonomy for a region or community. Demographers were fully aware a century ago of what the population was going to be by the turn of the century and theorized how to “manage” the situation.
When nations as a whole decline in power, it gives rise to the mega-cities as centers of power and multinational corporations being the combatants until achieving perfect competition. This meaning that there is little to distinguish a Cadillac to a Lincoln or Costco from Walmart so on and so forth. These business models lack innovation; their products are interchangeable and marginal profits reach almost zero. Each mega-city being specialized in specific industry examples are the some of the obvious like NYC and Charlotte for Banks, L.A. for entertainment and lesser-known like Cincinnati being a hub for insurance and St. Louis for processed foods.
The merger of polis with cosmos was the idea the city was to be used as a vehicle to connect people with the heavens. The city is not a civilization but rather the material accretion of wealth that comes before the end. It’s the ossification of once were great ideas of a polyglot identity. Cities are a byproduct of the prosperity of a nation. As the countryside flourished in its dynamic agrarian principles and industrialization, the city becomes the destination for schools, arts, banks, and anything part of transactional economics. They benefited from the need of information and the coordination of both service and finances in a globalized economy. Knowledge-based industries have led to the Renaissance man’s death and gave rise to the one-trick pony expert. Eventually, the countryside is depleted of fresh human capital for a wide variety of reasons and begins to decline in political influence from depopulation.
In the 3rd world, people between the ages of 20-50 work urban centers and send money to their children and parents in the countryside for basic necessities. If things go sideways for them in the city, they can always go back home, tend to their land, and be with their families without the worries of property taxes and mortgages. In the United States we are being killed off via elegant extinction because we forgot some basics rules in reproduction, societal principles and since we aren’t reproducing, we must bring in fresh bodies from other continents to pledge allegiance to muh GDP. Death rates have always been higher in urban areas than in rural areas and birth rates have always been higher in the countryside until recently.
Cities need to keep growing because their political influence depends on human capital. The more people a city has, the more votes it commands, the more money it gets and the fewer jobs a city has to offer, thus more people become dependent on the system fueling government largess. This is called plutonomy or an economic model based on a wealthy class investing and spending while subsidizing’s immigrants and the impoverished who will vote to ensure the elites retain power. Trained people will be the managerial class overseeing the plantation of mystery meat serfs who will be well regulated to workfare and will stagnant inside the city centers.
How many craft beer joints and cheese boutiques can one city handle?
Let us understand the concept of hotel living, elegant extinction and some other ideas that are floating around in the direction we are going. The subscription-based boutique economy with the Taco Bell infrastructure. Does anyone notice the trend of the merger of hotels and condominiums and the mixed-use “luxury” apartments popping up? The city is filled with aspiring people but few get to fulfill their dreams. Even today, despite its futuristic dystopia, nurses and doctors flock to mega-regions to help fight the scamdemic. Young professionals who’ve been renting for years on end are now thrilled to buy a micro-apartment even though a flasher lives in the playground across the street and anti-maskers get maced by the police. Dog walkers, baristas, refrigerator art artists, instathot influencers and those alike are all to serve or, should I say, serf to the managerial class who adhere to the woke elites.
They have repurposed the old industrial buildings into cafe shops, gay discos, artisanal cheese boutiques, brewery’s, co-working spaces, transactional services like insurance, banks and telecom stores. The push for building casinos in blighted areas giving the press lip service that its job creation and union construction workers lobby for such projects. Churches are gutted and turned into nightclubs or high-end condos with never-ending amenities. The idea has been that city inhabitant can live every day like a tourist, perpetuated by Hollywood movies. Municipality planners discuss how there will be “local vibrancy” of small shop owners and gives the average person the allusion of something long forgotten and provokes nostalgia, but this could not be further from the truth. Instead, what we get is long malls of multinational brands with the likes of Starbucks, Coach, Pizza Hut, Walgreen’s, Subway, and All-State Insurance. This gives rise to the Potkimon metropolis where people see the aesthetics of vibrancy and bustling shops and traffic and conflate it with economic growth. Mumbai streets are chaotic but in the end is not economically competitive, nor is NYC or San Francisco at this point.
What about your “historic” downtown? In places like Asheville North Carolina, which is referred to as the east coasts Portland, has an obscene 78 hotels already operating with an additional 500 more units to go online. Asheville population sits under 100,000 and has very little to offer as far as job opportunities go and is the quintessential monotonic prototype of what we may see copied across midsize cities far inland. This prototype of gentrification à la carte of gays, Trustafarians, service-based economy workers, tourism, A.C.A.B, and adjunct poverty with powerful old-money business owners dictating local policy. It’s unfortunate that as the young flee areas of such wealth disparity; their parents are right behind them with good credit and large down payments. As the rise of singles and decline of family formation more people in the short term will demand space, which is the opposite from what we would expect. A baboon logic of “If I have space, I will look more attractive to mates or, more rooms means more space for children (or dogs).” As more people demand space, it puts pressure on detached housing. Those with this mindset are not considering the transient nature of the workplace, taxes and general upkeep of the property. Reality will set in and they will be forced to liquidate their property.
In Vermont, households of one or two people have continued to grow, comprising a hair raising 69% of all households as of 2017, meanwhile households with three or more plummet. With such a growing demographic, coupled with falling wages and inflation their disposable incomes and savings go into Air B&Bs, seasonal homes (53,940) and other forms of passive rental incomes (80,462). As of July 2019, there were 8,041 homes listed as short-term air B&B style rentals and 85% of the state’s growth is concentrated in Chittenden county, which is Vermont’s most populated county. With murky data “due to COVID” it doesn’t take much stretch of the imagination on thinking about how many rooms are rented out with shared living spaces because of the diaspora out of blue hives and people working remotely. All this does is hurt those trying to leave. I would not be surprised if there will be tax break incentives to sponsor a family of refugees or some form of fines levied on those who do not occupy second homes. We are already seeing increases on taxes via reassessment, which will be the key in driving people out of their houses and worse is yet to come.
To be continued…..