so my understanding is that home prices go up because homes are investments that can earn money, and one reason homes are investments is that you can rent them out. how much does landlording contribute to rising home costs, and how much of that contribution is from smaller landlords as opposed to banks and wall street? is "small landlords drive up home costs" a defensible argument i can make?

  • CheGueBeara [he/him]
    ·
    3 years ago

    I think organizing around local housing like this is a great idea. I think it can win some victories, particularly when pushed by a socialist party. I do think it will be fundamentally limited, as another part of the real estate scam is that once you get some, you can ride the waves of financialized property value increases and thereby find stability. The removal of this in, say, just one city will result in a state-level backlash to restore property values alongside actually decreased wealth insofar as it's measured (it's measured in favor of the ruling class).