Ever-increasing home values are a Ponzi scheme

Re:Ever-increasing home values are a Ponzi scheme by worldsayshi on Monday June 21, 2021 @07:30PM (#27585926)

I wonder if there's a good way to sell such a concept onto a political landscape. Anyone who already owns anything would want to keep things as they are. Feels like a very central political problem.

Those that have accumulated wealth and power it would be in their interest to increase rather than decrease the scheme-ines of the political system.

This concept has to have a name?

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Re:Ever-increasing home values are a Ponzi scheme by andrepd on Monday June 21, 2021 @08:24PM (#27586388)

> Anyone who already owns anything would want to keep things as they are. Feels like a very central political problem.

Indeed, jt is perhaps the most central political problem: how does a class that doesn't have power wrestle it from those who already have power?

As for the name, how about "human history"? :)

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Re:Ever-increasing home values are a Ponzi scheme by timy2shoes on Monday June 21, 2021 @07:35PM (#27585969)

I think regulatory capture applies here (https://en.wikipedia.org/wiki/Regulatory_capture)

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Re:Ever-increasing home values are a Ponzi scheme by asdff on Tuesday June 22, 2021 @12:11AM (#27587915)

What you are describing is status quo bias I believe. This political structure is also oligarchy.

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