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Cake day: October 10th, 2025

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  • Ogy@lemmy.worldtoA Boring Dystopia@lemmy.worldRent is theft
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    5 days ago

    Y’all are missing something imo. Landlords are artificial demand - they drive up the housing prices for everyone, including home owners.

    The argument that it costs to maintain a home blah blah is BS - if it wasn’t profitable then the landlords sell it. They’re not being charitable. They make a profit and it comes out of poor people’s wages.



  • You’d think so, but unfortunately not. Venture captial is completely illogical, designed around boom or bust “moonshot” ideas that are supposed to completely change everything. So this money isn’t driven by actual consumption, rather speculation. I can’t really speak to other forms of investment but I suspect it doesn’t get a whole lot better. The economy has become far too financialised with a fiat currency that is completely separate from actual intrinsic value. That’s why a watch can cost more than a family home, which isn’t true consumption - just this weird concept of “wealth”