this post was submitted on 24 Aug 2023
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Asklemmy

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[โ€“] bagend@hexbear.net 68 points 2 years ago (33 children)

I'm paying some guy's mortgage but he gets to keep the house at the end.

[โ€“] LinkedinLenin@hexbear.net 40 points 2 years ago (6 children)

Someone paying $800 a month for their rent is gonna have paid $470,400 by the time they retire. That's like two fucking mortgages for the "service" of not being homeless.

It's just restructured feudalism at this point. We've abstracted away the direct relationship between landlord and serf, but over half our labor is still going to some third party doing none of the work.

[โ€“] raven@hexbear.net 15 points 2 years ago (3 children)

If you like your feudal lord, you can keep them! pete

[โ€“] LinkedinLenin@hexbear.net 16 points 2 years ago (1 children)

If you don't like your feudal lord, you also keep them! obama-spike

[โ€“] JuryNullification@hexbear.net 10 points 2 years ago (1 children)

The Maoist uprising against the landlords was the largest and most successful proletarian revolution resulting in almost perfect redistribution of land.

[โ€“] yogthos@lemmy.ml 1 points 2 years ago

Fun fact, the benefits persist to this day. Nearly 90% of people in China own their home http://usa.chinadaily.com.cn/business/2012-05/15/content_15295765.htm

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