I think on the whole, the goal is for workers to be in a precarious position so they need to work for capitalists under conditions unfavorable to workers. Making housing cost a large part of income helps with that.
Yeah but at a certain point you'll just end up with people moving into shanty towns and dropping out of the economy almost all together, you don't make any rent off of someone living in a tent.
With shit like Costco building a giant affordable housing complex in LA I think some of the haute bourgeois are realizing the petite bourgeois real estate Ponzi scheme isn't sustainable. What people like Blackstone probably wanna actually do is throw up the capitalist version of commie blocks to milk Amazon slaves for their measly wages. But the US had a much bigger and more entrenched petite bourgeois class that's blocking them from that so they can AirBNB their third property.
Yeah but at a certain point you'll just end up with people moving into shanty towns and dropping out of the economy almost all together, you don't make any rent off of someone living in a tent.
With shit like Costco building a giant affordable housing complex in LA I think some of the haute bourgeois are realizing the petite bourgeois real estate Ponzi scheme isn't sustainable. What people like Blackstone probably wanna actually do is throw up the capitalist version of commie blocks to milk Amazon slaves for their measly wages. But the US had a much bigger and more entrenched petite bourgeois class that's blocking them from that so they can AirBNB their third property.