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42 sats \ 4 replies \ @ama 28 Jan \ on: What’s the saddest fact of modern civilization? AskSN
I agree about the housing problem caused by the neo-liberalism, which comes from the corruption of politicians by international corporations and funds, like BlackRock, which are buying a large proportion of houses all over the world to speculate with.
we have a fiat-induced housing affordability problem in the UK (as in most places i think), but luckily we don't have something like BlackRock buying up units to speculate
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Hopefully the UK can resist their invasion of your leaving spaces by the giant US corporations, like BR, to extract all value from people. Alas, governments in other countries welcome those giants with the poor excuse that its money that comes into the country in the form of investments. In actuality, is money that goes out in the form of huge profits at the expenses of people finding places to live affordably. 21st-century slaves don't wear shackles, they pay mortgages, and more and more often, abusive rents.
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right there, eh
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emphatically not the reasons, but yeah -- directionally right
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