A Boring Dystopia

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Rent is theft (lemmy.world)

submitted 1 day ago by zedgeist@lemmy.world to c/aboringdystopia@lemmy.world

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[–] SaveTheTuaHawk@lemmy.ca -3 points 20 hours ago (1 children)

Generally yes, because you are also building up equity that way.

ok boomer. Houses are not appreciating any more. The Ponzi scheme reached it's limit in 2022.

[–] FunkyStuff@lemmy.ml 1 points 1 hour ago* (last edited 1 hour ago)

In every capitalist country in the world the ruling class is organized to ensure its continued ability to appropriate surplus value and leech off labor. I assure you any transient condition that is presently causing the profits of real estate speculators to falter is going to pale in comparison to the massive amount of profit they are set to make over the next decades. It's no different than the temporary valley in 2008 which was only an opportunity for capitalists to move money into the real estate market.