4 ms·
…those questions are all answered by wealthy liberals profiting off real estate speculation at the expense of everything else. You can’t have a functioning soci
by bugglebeetle 3y ago
…those questions are all answered by wealthy liberals profiting off real estate speculation at the expense of everything else. You can’t have a functioning society where someone’s right to make obscene returns on a single family home is privileged over people shitting and dying on the streets. When you do, you end up with the severe inequality and dysfunction of California’s cities. Trust me, I know. I live in one. But this trend is playing out all across America, red or blue. California just did a speed-run of the consequences of “fuck you, I got mine” by passing a suite of especially terrible laws in the 70s while being one of the world’s largest economies. Most red-voting areas are nowhere near as economically productive as California, so they haven’t (until recently) been able to draw the same level of speculative investment.