Comment on Rent is theft
FarmTaco@lemmy.world 1 day agoThat’s not what this post is talking about. They are talking about the “corporations” who are just some rich older person or couple that are buying one, two, or three extra properties and renting them out. Frankly that’s the biggest reason why housing costs have skyrocketed
its grandma and grandpa owning a condo, that’s the root of the problem.
FunkyStuff@lemmy.ml 1 day ago
What’s different about grandma and grandpa owning a condo and generating profit off of doing 0 work and a larger corporation doing it? It’s the same economic mechanism, and if you had replaced the single corporation that owned 5000 condos with 5000 grandpas who own one house each they’ll still be leeching off the tenants the same amount in total. The relation between capital and labor isn’t any different just because capital would in one case be owned by more or fewer people.