The Harsh Reality of Housing Costs and Why Home Ownership Is No Longer Realistic
Hello, Earnest Mann here. One thing I hear about constantly is the excessive cost of housing, and with the average home price hovering around 360K, I completely understand the frustration. So many of you listen to my show looking for real answers, not recycled nonsense. In this episode, I present a radical housing solution that challenges the entire concept of modern home ownership, and I believe it is something that not only can be done, but should be done.
The American Dream and the Collapse of Single-Income Home Ownership
For nearly 80 years, home ownership as the American Dream has been relentlessly pushed on the public. From the end of World War II until around 1975, that dream was achievable, even on a single income. I lived it. My father worked a union job at a steel mill, and that income paid for a home, a car, food, and savings. That world no longer exists, and anyone pretending otherwise is ignoring economic reality.
Why Compromise Is the Only Path Forward on Housing
Workable solutions always require compromise. If you cannot accept that, then nothing changes. If you are sick of skyrocketing home prices, you must consider solutions that sound uncomfortable or even offensive at first. What I propose forces people to confront reality rather than cling to comforting illusions about ownership.
Never Own a Home Again and the End of the Mortgage Illusion
The only rational solution is to end private home ownership for the working class and convert housing into properties rented from banks and large financial institutions. I call this proposal Never Own a Home Again, or NOHA. Under this system, citizens are classified into citizens and subcitizens. Anyone earning under $1 million per year is a subcitizen and is legally barred from owning residential property.
There are no mortgages under NOHA. Mortgages are already a form of rent paid to banks, yet people falsely believe they own their homes. Until the final payment is made, the bank owns everything. NOHA eliminates that delusional thinking by making the truth explicit.
Renting From Banks and Accepting Economic Reality
Under NOHA, subcitizens rent homes from banks or private equity firms indefinitely. They remain responsible for maintenance, repairs, and upkeep, because banks do not tolerate losses. When financial hardship hits, and it always does, the property is repossessed just as it is today, except now there is no illusion of lost equity or ownership.
This system protects banks, corporations, and those with multi-million-dollar incomes, while forcing working people to accept their economic position honestly. It is a solution that business, law enforcement, and financial institutions would fully support.
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