Way, way, way, way back in the last housing collapse of 2007-2009, yours truly focused on neighborhoods and provided personally taken pictures of abandoned projects throughout Southwest Florida.
Some of the stories were mind blowing, and I apologize in advance for not being able to pull up my old pictures from the long archived old hard drives to write this.
From December 2008 from the Sarasota Herald-Tribune:
A look inside a ‘pocket of pain’
Excerpt:
Census figures released this week found that more than 1 in 10 of the city’s houses — 13.1 percent — were built from 2005 to 2007, making North Port’s ratio of new to old houses higher than any city in Florida.
The construction boom provided a temporary employment and economic boost to North Port, but created a housing glut with no end in sight. According to the area’s Multiple Listing Service, 1,302 single-family homes were on the market in North Port as of Wednesday, 632 of them built since 2005.
“That’s a big inventory, especially in this economy where credit channels have been clogged up,” said Snaith, director of UCF’s Institute for Economic Competitiveness.
So why is this relevant to the title of this article?
Let’s review some videos via YouTube of the abandoned cities and subdivisions in America during and after the crash:
Brooksville, FL, a Government (HUD) project:
It finally sold in 2019, from the Tampa Tribune:
Brooksville Housing Authority gets a buyer for Hillside Estates
Nothing wrong with the project, just mismanagement. More to come, of course.
Meanwhile, from Illinois a few years ago this video should come as a wake up call.
What about the sparkling suburb of “Silverado” Arizona?
Lincoln Way in Clairton, PA?
Maybe a suburb just outside of San Diego, CA:
Itasca, IL:
Near Branson, MO:
From WBRZ in NC:
I could go on, and on, and on with videos, photos, stories about hedge funds buying abandoned subdivisions, banks foreclosing on them, etc.
Yet here are some of the headlines in the last few years:
Development planned for abandoned Kingshighway houses
From the story above:
Or this story via FOX-2 in St. Louis:
Once a St. Louis County subdivision, now a disc golf course
Ouch.
This Entire Neighborhood In Georgia Was Mysteriously Abandoned And Nobody Knows Why
See the trend?
America is full of abandoned subdivisions, public housing, multi-family housing, yet our government, the propaganda press, the National Association of Realtors and numerous others who have vested interest in creating “housing shortages” to drive prices up proclaim that there is not enough housing for Americans or the “new immigrant population.”
Some of the stories the propaganda based media pushes says it all:
US Homebuilding Surges in February Amid Housing Shortage and High Mortgage Rates – Business Times
Central Ohio housing crisis a ‘five-alarm fire’ region must extinguish – Columbus Dispatch
Fayetteville City Council to discuss declaring housing crisis – KNWA
PA housing shortage prompts $80M proposed budget boost – Spotlight PA
Inflation isn’t the real problem for the US economy. The housing shortage is – Citrus County Chronicle
New project seeks to address local affordable housing shortage – Cleveland 19 News
And on, and on, and on, I could go.
The solution being presented by the leftists is obvious:
Nationalize private property and force property owners into a nationwide, hell, Federalized system of rent controls and price controls to limit what private property owners can charge to sell or lease their properties for.
If one does not believe me, think about 2009.
In 2011 we were still being sold on the idea of this manufactured crisis:
U.S. Using ‘Mystery Shoppers’ to Check on Access to Doctors – NY Times
Despite the passage of “Obamacare” and the numerous court challenges against it based on Constitutional grounds, the media and the socialist left pushed the narrative that socialized medicine was the only cure for the shortcomings of the American medical system.
After all was said and done, what happened?
Medical insurance, doctor’s visits, and hospital care for America citizens became even more expensive.
Fast forward to the crisis de jour.
Housing is too expensive.
Hence the “Government” has to fix it.
There is no shortage of “housing” only the willingness to engage in capitalist solutions to repair and rebuild old homes and projects without over-taxation and government regulation to make them feasible for low to low-middle income housing.
Thus if one is a property owner, beware. New York, like other states (not Florida) is setting the standard for the future with stories like this one from the NY Post:
Private property rights are dying in our society. Lies are being promoted to provide for a government takeover of the individual’s properties and freedoms.
Capitalism is dying.
There is not a housing shortage, there is a capitalism shortage.
Can you hear me now?
This is John Galt speaking.
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