The Real Estate Market Is A Violation Of Human Rights
Hey Jesstorians
So there was a time not too long ago when humans were born on this planet, and they could live where you were born. Just find a piece of land settle down toil it or be nomadic and see various parts of land you would use during different times of the year.
Then the human race started expanding and thought I like that guy's piece of land better than my own or I want more, or a larger portion of land lets start hacking them to death and take it. While that still happens today, its somewhat frowned upon and is either done through the legal and financial system or in the shadows.
The delusion is passed down from generation to generation
Anyway, a civilisation evolved and when all the hacking was said and done, and the dust settled somehow certain people laid claim to the land. Land ownership is something I cannot understand, how did you decide you are going to defend a piece of ground and then claim it as your own.
Then this delusion was passed down from generation to generation, and those who had claimed the land benefitted hugely from those who now had to purchase property to develop, to farm, to own, to live, to create businesses premises.
Image path - realestateappraisalsaustin.com
As we continued to believe this lie that only certain people have the right to land, we saw a continued centralisation of land. The land is developed and never sold off; it's rented, people could only use it temporarily as these rent-seekers now make money off of a fundamental human right/need.
Wealth creation through exclusion
Real estate has always been pegged as a safe bet, and many have gotten widely rich off of building real estate empires. They already had a foot to stand on as generational wealth is passed down so and due to the Cantillon effect will always have access to cheap money to marginalise more people out of the market as they devalue the fiat medium of exchange.
We can see this as housing becomes a problem in developed nations around the world; there are more and more homeless in these so-called advanced parts of the world. The ones who can afford it will continue to be pressured until they too are homeless.
We've turned a basic human need into a greed fest with ghost cities and holiday rentals all sitting empty because these people can afford to hoard land that was never really anyone, to begin with. The property has been developed but not used; its merely a fake asset until the next sucker who needs a home makes it real by leveraging 20 years of their life to own it.
The formula is simple; they borrow non-existent money to create a monopoly on your shelter needs and charge you for the privilege of being on this planet until you die. It's hardly genius and not very admirable; I would put it up there with war profiteering.
Yet we normalise this behaviour as if "That's the way it is". The real estate market is the most prominent human rights violation the world has ever seen, but too many people are profiting off screwing over their fellow man to care.
Rent-seeking isn't business
Business to me in its core is using your mind or physical ability to create something people want to pay for because its convenient or because they do not have the skills to do it themselves. Rent-seeking is part of it as we may need things like temporary accommodation or equipment to produce but it shouldn't be how the majority of the world creates wealth.
We're living in a world where we're shipping the value creation on to the next guy hoping he can earn an income that I can syphon off through rent-seeking and to me that is just leaching off of others.
But what I own my house? Oh, you do? Do you? Well then stop paying all your council taxes and see what happens to you? You never really own your land you're always leasing it from someone else.
The land of the free
I think somewhere along the line when drawing up all these boarders and other bureaucratic bullshit we forgot that the earth doesn't belong to us and we have no claim over it. We as people are accepting this lunacy for reasons unknown to me.
There has to be a better way. If a person has housing security they have a sense of self and confidence to go out into the world and be productive. Now they're only being productive to keep a roof over their heads.
Can someone explain this to me? Because I am stummped!
Let's connect
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