> And it’s nonsensical that if you got rid of all of the investors who only own 2-3% of the supply,
Either you are sealioning, or you genuinely can’t comprehend the written word.
Time and time again you keep hammering on this point, which is only a tiny fraction of mine. You keep hammering on the window dressing, while I am addressing the real elephant in the room, THE OTHER ⅓ OF LANDLORDS, WHO ARE THE MAJORITY OF THE PROBLEM.
I am talking about the other ≈30% of landlords
≈30%. Not 2-3%. ≈30%. That is the size of the problem.
> Housing is very much elastic.
For buyers and sellers, perhaps. For renters, NO.
If rent was elastic, we wouldn’t have a “working poor” homeless problem. If rent was elastic, we wouldn’t have 23 empty homes for every homeless person.
> are you also opposed to apartment complexes owned by investors?
A single, separate, unrelated owner per apartment/unit? No. That generates genuine competition for renters.
A single owner per complex? F*ck, yes. It’s an obscene concentration of economic power away from the renter and into the landlord’s hands.
> As far as raw food, do you also think that people in the supply chain like farmers, packagers, food delivery drivers etc shouldn’t make a profit?
My family have been orchardists for almost a half century. We know plenty of other farmers and orchardists. Most would rather let their food go to the hungry rather than let it rot on the tree or in the field.
And yet, it takes capitalism and the Parasite Class to drench food in kerosine and light it aflame in order to generate artificial scarcity and keep profits high.
And if you know anything about economic trends, you would know that food prices keep skyrocketing, yet the share that farmers get keeps shrinking.
Where does it all go? To the middlemen, increasingly concentrated in a handful of suppliers that keep buying up all the competition, thereby concentrating profits in the hands of the ultra-wealthy Parasite Class.
Even up here in Canada, it’s even getting such that the lines between middleman and retailer is blurring, with mega-corps such as Loblaws - which makes up a large majority of supermarkets - buying up distributors and processors in order to capture that middleman profit margin for themselves, denying the farmers higher returns and the consumer lower prices.
Yay, capitalism?
Because it’s neither the consumer nor the farmer who’s benefitting from capitalism. It’s the parasites at the top.