/biz/ - Business & Finance

>>18630965
>Sure they overcharge but at least they provide a service. Rent seekers are useless always expecting free homes, like dude what value do you provide except complaining not everyone is serving your free housing demands

They could afford to buy homes if the landlords/speculators didn't jack up the prices because they see housing as an investment.

Notice that this doesn't happen in consumer electronics and with food. They become outdated or perish, the are deflationary markets and therefore become more affordable and oriented to people who USE them. Nobody goes around buying warehouses of computers and potato chips to sell later, because their value is nearly entirely in utility. I wouldn't give a shit if the value of my computer dropped to $0, because it still works and I can use it.

Housing is totally fucked though. Most normal people wouldn't care if the value of their homes plummeted, because they still LIVE IN A FUCKING HOUSE. Retard speculators on the other hand have every interest in keeping this essential utility as high as possible. So they lobby for retarded laws, and get cheap loans to bid it up forever because "housing always increases".

>>18269956
Landlords actually believe this:
>Cheesecake Factory will pay rent
>Burger King will pay rent
Landlords BTFO!>>18269956

I make $11/hr after taxes

I always maintained wagies have it worse than literal slaves