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If you work in the real estate industry you tend to stay in the echo chamber of conversations and topics. But when you get outside of it, there is a broad spectrum of beliefs that make the most incoherent of the bubble bloggers look tame. The typical bubble blogger has a foundation of beliefs in the marketplace but then steps outside of the mainstream conversation and to me that is healthy as it provides perspective. I may disagree but I respect their viewpoint, a great deal like politics.

But I came across this rant comparing homeownership to serfdom and it’s inclusion in the grand conspiracy political theories that I could not stop reading. It has all the trappings of the entrenched academic who comes out of the cloisters after years of study convinced that air travel is impossible as planes fly overhead. In this case it is done by Melinda Pillsbury-Foster, who claims to have spent 20 years studying the impact of politics on real estate, hating the man but insisting the world know that she is a progeny of one of the great industrialists.

I have included a snippet but check out the rest of the article. It is an amazing argument on how the world has devolved and the lurking political and socio-economic conspiracies that await us. You have been warned…

Welcome to the non-ownership homeowner club. In this world, the New World Order, so carefully planned for you, we call it the New Serfdom. Serfs were entitled to the use of their land; they were also tied down by their land, tightly restricted. Serfs could escape by fleeing to a free town, remaining there for a year and a day. No such luck now; No escape for you.If you were really renting, the owner would be responsible when the place, built unbeknownst to you with shoddy materials and workmanship to cut the real cost, started to fall apart. This way you are the one who pays all costs.

Recent changes in the bankruptcy laws are intended to viciously slander, defame and entrap you into lifelong slavery to your debts. This is not physical incarceration, it’s financial imprisonment, and it’s available, anywhere to anyone over the Internet. Today you can’t even rent an apartment without a credit check.
The house you bought comes complete with built-in 120/240 VAC infrastructure that ties you to buying electricity from your local electric company. Those costs will continue to rise as long as you live. The house itself is built according to construction code, which sets standards (or the lack thereof) that derive from the ‘balloon’ houses built in the immediate aftermath of WWII. These were cheaply built, row houses, with no personality, no differentiation, thrown up to solve an immediate problem and never intended to last and they didn’t. But the construction technology remains with us today. via Online Journal (NOT THE Wall Street Journal).

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