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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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The post Why Should We Give All Our Money to Landlords? appeared first on CounterPunch.org.

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.

To read this article, log in here or subscribe here.
If you are logged in but can't read CP+ articles, check the status of your access here
In order to read CP+ articles, your web browser must be set to accept cookies.

The post Why Should We Give All Our Money to Landlords? appeared first on CounterPunch.org.


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


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Pete Dolack | Radio Free (2024-03-17T05:44:48+00:00) Why Should We Give All Our Money to Landlords?. Retrieved from https://www.radiofree.org/2024/03/17/why-should-we-give-all-our-money-to-landlords/

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