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There are poor people only because there are wealthy people. I know it doesn't sit well at the American audience, but there is not such thing as inequality whe
by tossandthrow 1y ago
There are poor people only because there are wealthy people.
I know it doesn't sit well at the American audience, but there is not such thing as inequality where it doesn't harm the people who has nothing.
The easiest way to understand that is that people need to see yield on their capital - regardless of that means unaffordability for the poor.
- anonymars 1y agoYou might find this an interesting piece: https://www.nytimes.com/2025/08/26/realestate/switzerland-rental-coops-nonprofit-lausanne.html https://www.nytimes.com/2025/08/26/realestate/switzerland-re... > The details will seem foreign to many in the West, where building home equity is baked into the system. But the central idea is simple: What if homeownership had no profit motive and no capital gains?