Comment by chii
> overarching conspiracy theory.
it's because it's so easy to simply blame the ills of society on some illusory few pulling the strings behind the scenes. It used to be the migrants, or blacks, or the chinese (still is apparently) or the japanese...and now, it's the rich/shadowy figures etc.
The actual truth is that the collective actions of everybody leads to certain outcomes - today's outcomes. It can't really have happened any other way.
But it's literally true?
Please don't dilute the argument by comparing racial groups with the ultra-rich.
The (ultra-)rich form a class in the classical Marxist sense - a group whose interests naturally align, and they work together to further their interests.
There is deliberate government policy behind what's going on with housing - free money for the rich, which they can in turn invest into speculative assets to make yet even more free money.
Then they ensure that their money has weight by putting said money into housing, pricing out common folk, and building new units to serve as price control to preserve the value of their assets.