Re:The Rise of the Rich Renter
by ComradeTaco on Saturday October 07, 2017 @05:04PM
(#15425698)
Many of those who have high incomes would prefer to build equity rather than hand it to landowners. However incomes only rose only modestly above inflation while real estate prices have doubled and even tripled in many places.
We're really in trouble as a society if essentials like education, healthcare and housing continue to eat an increasingly large portion of consumer income.
We're really in trouble as a society if essentials like education, healthcare and housing continue to eat an increasingly large portion of consumer income.