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Relax, you are mixing apples and oranges. Many companies, large multinationals to small startups don't want to OWN property. It's capital intensive for them, t
by antr 10y ago
Relax, you are mixing apples and oranges.
Many companies, large multinationals to small startups don't want to OWN property. It's capital intensive for them, they want to rent. Does Starbucks own its coffee shops? No. Can't you see how renting property is a service to many?
Stop being apocalyptic simply because someone owns property. Take a chill pill.
- jdcarluccio 10y agoYou should offer chill pills as part of the property deal. :) like your style
- branchless 10y agoI think this is a huge problem. I think that is illustrated by the fact that you feel you can make well ahead of wage rises without any risk. The financialisation of land is driving a wedge between those with capital and those without. We've just had Trump because some people are feeling very left behind. I'm not saying you caused Trump, but I think the system that incorporates rent seeking through land is a big part of it. Land prices are all consuming, they are taking wages from workers and then rent from net wages of workers. The system as it stands is very efficient at adjusting credit to soak up any gains into banking and land speculators.