Several times a day, sometimes more, I’ll read somewhere or hear from someone that “the real estate market is bouncing back” or that “home prices are stabilizing” or some other similarly sounding statement. Interestingly, it’s always accompanied by a burst of emotion that I can only compare to lust. This is, as I understand, what many of us want, I guess it’s supposed to make us feel safe in the face of the change we are experiencing – something that can only be called “self-genocide” (sic) and that “things will return to normal”, where “normal” is that little tiny corner of a closet somewhere in this world where most of us allow ourselves to be kept against our will, fed a diet of bullshit and sugar and given 20 lashes whenever any one of us generates an original thought.
I wonder if any of the people who make statements like this have any idea of what they are actually saying. It’s no different than having someone – anyone – walk up to you and proclaim with excitement and glee: “Hey! Did you hear? Slavery is becoming popular again, it just might make a comeback!” Yes, slavery is what I compared this to.
…What was that?
…Am I a communist?
LOL. Of course I’m not a communist, silly; there’s no such thing, besides, none of the “isms” work, remember?
…Why do I write this, you ask?
I write this because it’s simply the truth. Of all of shit that we’ve done to ourselves in the last 12,000 years of “civilization”, the only thing shittier than giving someone a “mortgage” would be to sell them as a slave. Nothing else that we’ve done comes even close to being as unacceptably fucked up than to sell people, against their will, as property. The mortgage, however, is a real contender for the title; it forces someone who may want a home of their own to buy the money required to pay for it at $10.00-$20.00 for every $1.00, (i.e.: Hi! I’ll sell you a dollar for ten dollars) over the average 30 year term. This, of course, is crowned with the “cherry” of letting mortgage-holders speed up time and sell a mortgage, at maturity value, within 24 hours of issuing it. This is one of the things that got us here.
Imaginary omnipotence is incredible, isn’t it?
Think about it, it’s about time we did, wouldn’t you say?
We can do better.