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What's a scam that's so normalized that we don't even realize it's a scam anymore? (lemm.ee)

submitted 1 year ago by mastermind@lemm.ee to c/asklemmy@lemmy.ml

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[–] los_chill@programming.dev 1 points 1 year ago

For-profit housing is a massive racket. Investment firms posing as housing developers get tax breaks for buying up properties, inflating the market, pricing out families, and renting those same homes back to the community to pay the mortgage on their investment, plus profit. What fucking purpose do they serve society? Pure predatory capitalist greed at the expense of our housing. For-profit housing needs to be banned. Investment real estate needs to be regulated until all our citizens can afford to buy homes in their localities.