Print View - As Long as Housing is a Commodity, Rents Will Keep Rising

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Capitalism marches on. And thus housing, because it is a capitalist commodity, has resumed its upward cost, putting ever more people at risk of homelessness, hunger, inability to access medical care and medications, or some combination of those.

There had been a temporary dip in the costs of rentals in 2020 as the pandemic threw a spanner into the economy, but the dynamics of capitalist markets have reasserted themselves. Rent is not only too damn high but getting higher, fast. And almost everywhere, not just in your city.

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The post As Long as Housing is a Commodity, Rents Will Keep Rising appeared first on CounterPunch.org.

This content originally appeared on CounterPunch.org and was authored by Pete Dolack.

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