Hooverville News Roundup

Let's see what our ruling psychopaths and sociopaths have accomplished for us.

Oh, fantastic! More and more Americans are now living in their RV.

The New Hoovervilles? RV Villages And Make-Shift Tribes On The Rise As Inflation Bites

From 2020 to 2023, the median purchase price of homes in the US rose from $320,000 to over $420,000 – That's a 33% increase in only 3 years. In 2011, the average price of a home was around $200,000, meaning prices have doubled in a single decade. The average apartment rental price in the US is now $1300 per month, compared to $1000 in 2020, and home rentals have risen to over $2000 per month on average. The spike in the market is a reflection of inflation across the board, as well as increased demand due to more Americans being priced out of home ownership.

Man, who da thunk it? Electric cars are flopping with consumers.

When the EV “Revolution” Stalls . . .

Sales of Ford’s F-150 Lightning are down by almost half; VW’s CEO warns of doom – for VW – if the public can’t be cajoled into buying the EV-only lineup it has already committed itself to. Even Tesla has had to resort to internally subsidizing its EVs in order to sell more of them.

These amount to what cops call clues – that the Great Transition is stalling.

Rotflmao! Chicago is ridiculous.

Government-Run Grocery Store Is Predictably Losing Money

Chicago's city government is infamously corrupt and unable to provide basic services like education and public safety consistently, but Mayor Brandon Johnson is pushing for the city to also try running a grocery store.

No affordable housing for you!

You Must Be In 'The Six-Figure Club' To Afford A House

New data from real estate brokerage Redfin Corp. indicates homebuyers now need a whopping $114,000 salary to afford a median-priced home of $412,000 in September - assuming a 30-year fixed mortgage rate of 7.2% with 20% down. This is a near doubling in salary needed to afford a home since Covid, and since inflation wiped out real wages for two years, more Americans than ever can no longer afford the 'American Dream' of a single-family house with a white picket fence, instead, trapped in a cycle of renting.

You don't have the money for a house. But hey, at least Uncle Sam's gonna 3D-print houses on the moon.

Say. what?

NASA Plans To Build Houses On The Moon By 2040 While America Ponders Its Own Housing Crisis

It's been 54 years since humans first set foot on the moon. Now, NASA is planning to put homes on its dusty surface, taking a giant leap toward establishing a permanent human presence beyond Earth.

Eat ze bugs, peasant.

Tyson Foods teams up with the World Economic Forum to open an “insect” processing plant…

Meanwhile, the global elites will continue to jet around on private planes, savor the finest cuts of red meat, and sip champagne through plastic straws. Clearly, the rules only apply to us lowly commoners.

Still believe in these ruling class clowns?

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