[quote=AN][quote=CA renter]Personally, I think the “right” to own one’s home supercedes the “right” of the wealthy to extract more wealth from the productive workers who need that shelter.[/quote]
Who here ever said the wealthy have the “right” to extract more wealth from the productive work? Who here ever said creating wealth “period” is a “right” at all?[/quote]
If the properties aren’t owned by the people who live in them, then the residents (productive workers) are giving up their wealth (earned income) to those who earn their money via capital vs. labor. As a general rule, those who earn their living via capital tend to be wealthier than those who earn their living via labor.
We need to determine if we, as a society, benefit more from having stable communities where the residents and local workers own their own homes, or if we benefit more from having legions of renters who pay most of their wages to the rentier class (landlords) who tend to have more capital than the people who live in those houses — which further exacerbates the growing wealth divide, and all the problems that go with it.
