Comment by potato3732842 3 days ago
I think it's as much a social problem as a numbers one. The greatest generation and the silent generation were rich enough to buy up tons of property but mostly didn't. In contrast every thousandaire boomer and gen X is trying to get into the rental game.
So it's possible we get to a point where a minority of the people own enough housing that the rest just vote to say fuck 'em.
>The rentier class has tools to prevent such coordinated voting. They divide us with scare tactics on fringe issues, religion, encourage over identifying with things/movements/celebrities, etc.
The "rentier class" in question here is a bunch of slumlords who own a few apartments as part of an LLC they have with their buddies and boomers who have retired to their vacation home and are AirBnBing their former primary residence, not Blackrock and friends, big money only owns a small fraction of property. The average landlord is some other middle or upper middle class schmuck.
> the rest just vote to say fuck 'em.
The rentier class has tools to prevent such coordinated voting. They divide us with scare tactics on fringe issues, religion, encourage over identifying with things/movements/celebrities, etc.
I'm afraid things would have to fundamentally and undeniably bad to rally enough people to change things. It's amazing how much folks with overlook or rationalize if given an effective distraction, like fear or hate.