I’m speaking much more generally. The real estate market is not a particular concern of mine, though of course I care, and I particularly did not like the threat of eminent domain while living in Texas (which is the only place I’ve lived where it was forever on the table, or even brought up at all).
I’m simply offering that eliminating all bills that aren’t single-issue takes sweet pots of construction money (pork) out of the equation, which are what necessitate things like ED.
But I’m speaking far beyond real estate, and was only really speaking to your “so what is the plan” following @NotYou’s contention that something in our country needs to change. The question could have been healthcare costs. I think I pay over $8k/yr for health insurance, and I am healthy and work for a hospital, so am presumably lucky to have it at that price. On top of that I generally spend my $1500 FSA, which if I don’t goes away - to where?? - so I do spend it. Luckily my plastic eyeglasses cost something like $600/pr, so total $10k/yr healthcare for two of us, both healthy, why? If ever one of us needs to have an appendix out, I’ll still have significant copays I’m sure. I happen to know that my hospital charges upward of $400 for a single therapy session with me, in part due to some sort of facilities fee, while in private practice insurance paid me an average of $80/hr. It’s crooked, to a degree that is obscene.
How about big pharma? We, as taxpayers, fund most of the early research - oh hey, we have a foot in that door as well at my house, as my husband is a biomedical engineer and as such travels around to universities fixing their research machines for several hundred dollars an hour, even for his travel time. But that’s okay, because grants cover that sort of thing. Anyway, so we as taxpayers fund the early research, which uses his bio sorters, and then we as consumers pay big pharma inflated prices for the drugs once they hit the market.
And then, following this healthcare trail a little further, how about big food and the farm subsidies? Dupont, monsanto (husband goes there, too) and the other big agriculture guys grabbing land from smaller, local farms who don’t have the money to get corporate welfare and so are going under. While meanwhile our public school children eat swill. Kraft, which I think is doing pretty well, is on the welfare rolls. First, here is their recent profit:
- Kraft Heinz gross profit for the twelve months ending June 30, 2024 was $9.089B, a 5.92% increase year-over-year.
- Kraft Heinz annual gross profit for 2023 was $8.926B, a 9.9% increase from 2022.
- Kraft Heinz annual gross profit for 2022 was $8.122B, a 6.45% decline from 2021.
- Kraft Heinz annual gross profit for 2021 was $8.682B, a 5.39% decline from 2020.
And here, very poorly formatted, but you can see the number followed by the type of subsidy (loan, grant, hybrid, haha training reimbursement).
(https://subsidytracker.goodjobsfirst.org/subsidy-tracker/ia-kraft-heinz-foods-company-)|Iowa|state|2015|$4,750,000||grant/loan hybrid program|
|Kraft Foods Global, Inc.|Wisconsin|state|2008|$3,000,000||tax credit/rebate|
|Kraft Heinz Foods Company|Iowa|state|2016|$2,466,000||training reimbursement|
|Kraft Foods Global, Inc|Illinois|state|2014|$2,389,291||tax credit/rebate|
|Kraft Foods North America, Inc.|New York|state|2013|$1,945,372||enterprise zone|
|Kraft Foods Global, Inc.|Iowa|state|2009|$1,523,769||enterprise zone|
|Kraft Foods Global, Inc|Illinois|state|2013|$1,418,097||tax credit/rebate|
|Kraft Foods Group, Inc.|Texas|local|2014|$1,200,000||grant|
|Kraft Foods Group, Inc.|Texas|local|2013|$1,200,000||grant|
I don’t swear by these sources or numbers, but it certainly gives an idea. I don’t think Kraft Heinz Food Company really needs our collective charity, do you? And yet, here we are. I’m sure urban and exurban real estate will tell a similar story of corruption if you delve.