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> Yeah obviously, but it doesn't answer my question of why can't we regulate them out of the housing market? Sorry I misunderstod your question. Well the main
by Arkhaine_kupo 4y ago
> Yeah obviously, but it doesn't answer my question of why can't we regulate them out of the housing market?
Sorry I misunderstod your question. Well the main reason I would argue is the disconnect between politicians and general people. The examples you gave, like asbestos or child in mines do not benefit politicians directly. However most politicians are house owners, most own multiple properties, those laws affect them directly. The fact many of their constituents do not own a home is irrelevant because signing those laws affect them.
> This rampant inequality is what led to the communists seizing power ~100 years ago, and despite being only ~30 years since communism collapsed in Europe, communism is on the rise again in elections in some EU countries especially among young people because the last 20-30 years of deregulated globalized capitalism has seen the biggest and quickest wealth transfer from the working class to the upper class ever seen.
I think whatever is coming is gonna be inevitable, there has been an economic capture of levels unseen, coomers owned 30% of the gdp when they were the age millenials are now. Millenials own like 7%. It is unsusteinable and things like AI, the Internet, Globalisation have not yet been integrated properly into the economic model.
I think the prefered solution is more horizontal models, unions are coming back, cooperatives are having a resurgance. Ideas like digital money can be terrible but could also reduce lending barriers. We are at a point where it seems to be more than enough for everyone its a matter of logistics. Green energy and 4 day weeks seem atteinable goals
- ChuckNorris89 4y ago>coomers owned 30% of the gdp Uhm, coomers? >Millenials own like 7% Luckily GenZ won't own anything, they will only have subscriptions for everything. /s