3 ms·

So what? Let normal people suffer, rich people already have the land, and the rights, and the property. Who cares? What are they going to do, sleep in the stree

• howmayiannoyyou 4y ago
  Pretty much wrong in every respect. The property the "rich" rent to the "poor" is usually subject to a loan and loan covenants that require a certain spread (cap rate) so the loan can be serviced and the property maintained. That spread tightens when interest rates, labor and materials expenses increase. Think, inflation. 2 billion or so people were lifted from poverty the past 15 years, increasing consumption and driving global inflation. 15 years ago you were competing with less than 1/2 the number of people for, say, natural gas; and that was before Russia's gas exports were decimated by sanctions. Many tried to warn of inflation when USGOV stimulus rained down on US citizens & small businesses. With the election looming, nobody listened. Bottom-line... your elected leaders want to get reelected. They enact laws & policies that are inflationary because the body politic doesn't think long term, follow-on effects & is largely economically illiterate. You get the economy you deserve, not the one you want. Let the downvotes begin.