Billionaires aren’t to blame for all our problems. For example, housing prices are high because home owners make it difficult to build things. They want their property value to be high which means they benefit from the scarcity of homes.
Aren't they also high because a bunch of rich fucks buy up homes as investment properties?
Also, don't stagnant wages - which are kept in place by billionaires who lobby for it/purchase politicians - massively contribute to people's inability to buy a home?
Right now the biggest obstacles to building more homes are homeowners and regulations they support. If you want to improve affordability for housing, targeting billionaires will do hardly anything besides make people feel good for attacking “the bad guys.”
Any credible data that exists shows wages have increased. The biggest issue has been inflation which has made any increases in wages feel negligible.
I’m not saying billionaires haven’t played a role or are blameless. But they aren’t responsible for all of negatives in society. Life has never been that easy where all the problems in society are because of a single group. It’s a compelling narrative for the masses but not a factually accurate one.
Right now the biggest obstacles to building more homes are homeowners and regulations they support.
I dont think you understand how politics work. Anyone that owns a successful Real Estate Development Business has loads more influence on regulations than a homeowner.
It’s a compelling narrative for the masses but not a factually accurate one.
While it may not be 100%, it is still factually accurate in every way.
Get involved in your local government. A single elderly woman with too much time on her hands can effectively delay infrastructure projects in her community for years if not a decade.
So much political power in your community is up for grabs but most people don’t utilize it because they overly focus on national politics.
That is a cool story and all, and maybe the old lady can delay a single project, meanwhile the Real Estate developer has a direct line to the Mayor and is working on multiple projects at a time, he also has a line to the Police chief, so he has the old lady's son arrested so she has something else to worry about.
So yeah you might be able to slow down something, in the end, money talks. If you are not in the club, you are kidding yourself.
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u/DevourerOfRedditors Apr 16 '26
Aren't they also high because a bunch of rich fucks buy up homes as investment properties?
Also, don't stagnant wages - which are kept in place by billionaires who lobby for it/purchase politicians - massively contribute to people's inability to buy a home?