Look, I have a lot of strong opinions but I cannot get over the fact that housing as an investment is a thing, especially by corporations.
Let's back up a bit.
The richest country in the history of humanity has a ton of homeless people yet its corporations buy up houses purely for the sake of preventing others from living in the house so they can sell it at a higher price later on.
Is that not absurd?
Even canada, vast beautiful land with most living close to the US border. Yet land or house in the middle nowhere in the Yukon costs a fortune now. All because this one simple disease: corporations, which are legal entities constructed to allow a group of people to use their collective wealth to advance a goal (such as profit) are treated the same as natural persons whose rights and liberties are naturally justified beyond the scope of any country's laws, all because collective wealth meant collective power to influence lae makers and judges?
The answet to this and so many other first world ailments is simple:
1) corporations as legal entities are not the same as natural persons. They are not created equal to individuals and do not enjoy human rightd or civil liberties.
2) Land and housing is for individual needs first (because of #1). Investment housing by nature forms a perverse incentive, investors can instead invest in derivstives or ETFs where they can build equity in a similar way without robbing people of housing.
I am really shocked that these things are missing from mainstream discussions. It sounds like everyone wants to avoid the big fat elephant in the crowded room.
Of course these things aren’t heard in mainstream discussions.
The media, and by extension the minds of majority of our citizens, are owned by the same corporate entities you mention.
They control language so that people will go along with their greed.
So if you’re a corp, you steer the discussions around your profit seeking avenues so people don’t even posses the language necessary ti discuss your demise.
People will never discuss the abstract idea that this whole “legal entities == people” thing is fucked, because they think they’re clever to talk about some vague future tax that will never be implemented because the corps own the politicians too.
People aren’t avoiding the elephant - they have been programmed to not realize the elephant is the problem.
Let's back up a bit.
The richest country in the history of humanity has a ton of homeless people yet its corporations buy up houses purely for the sake of preventing others from living in the house so they can sell it at a higher price later on.
Is that not absurd?
Even canada, vast beautiful land with most living close to the US border. Yet land or house in the middle nowhere in the Yukon costs a fortune now. All because this one simple disease: corporations, which are legal entities constructed to allow a group of people to use their collective wealth to advance a goal (such as profit) are treated the same as natural persons whose rights and liberties are naturally justified beyond the scope of any country's laws, all because collective wealth meant collective power to influence lae makers and judges?
The answet to this and so many other first world ailments is simple:
1) corporations as legal entities are not the same as natural persons. They are not created equal to individuals and do not enjoy human rightd or civil liberties.
2) Land and housing is for individual needs first (because of #1). Investment housing by nature forms a perverse incentive, investors can instead invest in derivstives or ETFs where they can build equity in a similar way without robbing people of housing.
I am really shocked that these things are missing from mainstream discussions. It sounds like everyone wants to avoid the big fat elephant in the crowded room.