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The author claims that the average price of a home will be $10 million 50 years from now. He says that this is due to factors such as inflation, population grow
by Minor49er 5y ago
The author claims that the average price of a home will be $10 million 50 years from now. He says that this is due to factors such as inflation, population growth, more people living alone, lower construction rates of new properties, increase costs of building material amidst shortages, and more people owning multiple properties.
Despite these various factors, he concludes that it should be illegal for landlords to make a profit, claiming that "the working class can no longer afford to support the land-lording class." I didn't realize that landlords were a class of their own. From what I understand, most landlords aren't terribly rich. I am not sure why they would be targeted over trying to solve any of the other problems that were mentioned.