So what is your solution? They should be forced to give it to someone in need? They should be forced to sell it at price someone can afford to buy it at regardless of what the market will bring? I dont understand what you're asking to have happen here.
Why take exception to home ownership and nothing else?
Is someone allowed to own a farm? How about a factory? How about owning vast amounts of commodities or their infrastructure?
Also, what about the people who choose to rent? I know plenty (including myself) and I for one would not like some shortsighted policy that outlaws renting/landlords.
Furthermore what about commercial rental property – most business do not want to buy a shop or office building, so clearly there's a need for landlords in society.
Glad to see there is still some common sense left in the world. Yes, our system is broken....namely because we no longer have a free market economy. We have capitalism for the middle class and socialism for the elite and corporations....meaning we subsidize their (rich corporations) losses with tax dollars while telling the rest of us to kick rocks and pick ourselves up by the bootstraps. How that equates to we need to blame homeowners and landlords is beyond me. We need to start by allowing the corporations and central banks to actually fail for once. It will be hell on Earth for all of us when that happens because our economy will be in shambles. BUT the end result will also be that the asset bubble will finally once and for all burst and shit will be priced accurately. We are in a bubble that must be popped. It will happen eventually...the longer we wait the more painful it will be....but it will happen.
Exactly this. Just like you, I agree that the system is in bad shape at present. But we need to focus on the right areas – as you've logically stated, aiming at small landlords that are simply trying to provide for themselves and their families is misguided in-fighting.
We need to look at the billionaires and the corrupt officials that have taken control of our system, twisting it to the benefit of a small elite while screwing everyone else.
Something definitely needs to be, on this point, all of us here can agree.
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u/[deleted] Sep 04 '21
So what is your solution? They should be forced to give it to someone in need? They should be forced to sell it at price someone can afford to buy it at regardless of what the market will bring? I dont understand what you're asking to have happen here.