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The only possible person who would not value that would be a rentier. High housing costs benefit literally nobody but investors trying to wring ever more profi
by HappMacDonald 3y ago
The only possible person who would not value that would be a rentier.
High housing costs benefit literally nobody but investors trying to wring ever more profit out of the basic needs of their fellow human beings.
They sunk a lot of money into a get-rich-quick scheme and get upset when anyone suggests curbing said scheme for humanitarian reasons.
That money must come from somewhere, and everyone who has to constantly finance those gains with no benefit in return will find a way to change it.
Have fun!
- s1artibartfast 3y agoA failure to grow supply satisfies both the anti-growth NIMBYs and the rentiers. A case of unlikely bedfellows.