Why Should We Give All Our Money to Landlords?

Image by Jon Tyson.

Who decided we should give all our money to landlords? Did you vote for that? I didn’t. You didn’t, either. And if you have thoughts of leaving renting behind to buy, the costs of mortgages are, not surprisingly, rising dramatically as well.

As far as I know, no landlord has been recorded as holding a literal gun to the head of tenants to sign a lease. But then there is no need for them to do so, as “market forces” do the work for them. At bottom, the problem is that housing is a capitalist market commodity. As long as housing remains a commodity, housing costs will continue to become ever more unaffordable. To put this in other words: As long as housing is not a human right, but instead something that has to be competed for and owned by a small number of people, the holders of the good (housing) will take advantage and jack up prices as high as possible.

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Source: counterpunch.org

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