By Curmy
follow Curmy
2021 Oct 25, 2:31pm
227 views
6 comments
share
Most of the people who died of covid would have died anyways soon, there is hardly any excess mortality.
Are these among the single family houses that Black Rock is purported to be buying up to be rentals, even as prices hit record highs in much of the country?
What factor is the influx of a quarter million "migrants" and "refugees" swarming across the border each month on housing supply? Do the Covid dead's empty homes get filled with subsidized renters that include refugee applicants, via Black Rock or other big corporate investors, combined with "Section 8" housing aid?
As the pandemic drags on, with "not too effective or safe " vaccines more available than early treatment, Covid associated deaths will continue. And the death toll following vaccination now reported to VAERS at over 17000 adds growing numbers to those dead after SARS2 infection. They all lived somewhere that they no longer occupy.
Will this Covid vacancy-driver burst the price bubble? Does the open border fill the vacancies and keep the market full, and housing scarce? How many of the migrants dispersing across the land are untested yet unrestricted carriers of the virus? Will they be reliable healthy long term tenants for rental houses?
Covid mortality and the open border, together, are involved in the housing needs of millions of people. Is there an investment opportunity there, or will the effect primarily be to keep housing scarce and costs increasing at a rate greater than the high rate of inflation in other consumer needs? Current prices make home ownership unaffordable for millions of non-essential workers.