4 ms·
We are in fact all renting from a handful of giant land owners. The banks that hold the mortgages. Now, you could argue those themselves have ownership distrib
by shostack 10y ago
We are in fact all renting from a handful of giant land owners. The banks that hold the mortgages.
Now, you could argue those themselves have ownership distributed because they are public companies so therefore those mortgages are in fact benefiting shareholders, but banks own the majority of homes in America. And if you pay it off and don't pay taxes, the government does.