The Top 40

if more people go to college and own homesand have more money we can all be equal.
For some of the more ambitious types in the Middle Class, call them "haves" they will be paired up with someone in the Lower Class, call them "have-nots" and an onsite division of wealth will occur. Audited bank accounts, physical evaluation of properties and belongings, even offspring must be brought to the table. The object of all this is to establish a level playing field.

Remember, compromise uses the lowest common denomination.

In the early to mid 2000's I designed a series of homes for the largest home builder in the country who then marketed them exclusively to renters nationwide. No money down and monthly payments that were usually less than rent payments. They used the 3-2-1 buy down method, where the monthly mortgage payment starts very low then raises each year for the first 3 years then levels out for years 4-20.

Renters have a different mindset than owners and that can only change from within. Any *help* from outside will fail.

In 1 to 5 years almost all of those homes, some 20,000 of them, were in some state of foreclosure.

Once the renters-buyers moved into their new homes the credit companies extended them credit and they used it luxuriously. New cars, furniture, vacations, expensive eating out every night, etc.

Eventually 99% of the renter-buyers went back to renting after losing all their shit and that home builder sold out and the owner moved to the west coast of northern Mexico and converted all his dollars to pesos and 3 years ago he was killed in a flaming explosion drunk driving crash in his Ferrari.

This was all enabled by jethro klintins gov't and was the offical start of the decline you see today combined with the bonehead bush wave of global violence.