How do you think they make that money? Primarily off of consumerism. If we all collectively decided to share what we have and stop buying what we don’t need, there could be no passive income, not at the scale it exists today, anyways.
I think landlords make a lot of sense for commercially-zoned property, and for residentially there needs to be some way to live somewhere even if you can’t afford the mortgage deposit. So there’s nuance here that needs addressing IMO.
I guess? With enough money you can just buy bonds, which sort of depend on consumerism but indirectly. Some municipal bonds return like 5%. 5% of a shit load of money is enough to live on.
How do you think they make that money? Primarily off of consumerism. If we all collectively decided to share what we have and stop buying what we don’t need, there could be no passive income, not at the scale it exists today, anyways.
We also need to outlaw landlords. Owning land is not a job and it’s certainly not a business.
Only raccoons could be owners of land :D
Hard Agree.
I think landlords make a lot of sense for commercially-zoned property, and for residentially there needs to be some way to live somewhere even if you can’t afford the mortgage deposit. So there’s nuance here that needs addressing IMO.
We could just… give everyone a place to live. Then there’s no such thing as “can’t afford a mortgage.”
Do people get to choose where they live in this scenario, or do we just allocate housing based on where’s currently unoccupied?
Consumerism is used for wealth redistribution.
Real wealth production occurs when machines create work, saving time. Work = money.
I guess? With enough money you can just buy bonds, which sort of depend on consumerism but indirectly. Some municipal bonds return like 5%. 5% of a shit load of money is enough to live on.