3 ms·
Good point. In most modern cities, the only individualistic solution to escape eternal rent-slavery (forgive the strong word) is to become rich. A collectivist
by leppr 6y ago
Good point. In most modern cities, the only individualistic solution to escape eternal rent-slavery (forgive the strong word) is to become rich.
A collectivist solution would be to coordinate with other citizens to abolish the building/zoning restrictions and savings devaluation enforced by local and national governments, that cause the constant real estate price inflation in the first place.
- satyrnein 6y agoUnfortunately, the "other citizens" are the ones who want the zoning restrictions.
- leppr 6y agoSince most governance schemes favor entrenched players, there's a natural tendency for policies resulting in pyramid schemes to emerge. The first step is to educate enough people around this issue, so that some opportunistic countries/cities can become competitive at attracting residents using fairer policies as a differentiator.