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by flmontpetit
406 days ago
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It's crazy how we've abstracted financial serfdom out of the status of being a property owner. Contrasted with renting it surely seems like independence, but whether the bank squeezes extra value out of you directly or through the proxy of a landlord, the end result is similar. |
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The difference is public policy. Owning property in the US absolutely elevates you to a higher privileged status above renters. How many homeowners were being evicted from their homes after missing a couple mortgage payments during the pandemic? Precisely zero. While thousands of renters in red states had the sheriff at their throats within 60 days. That's all you need to know about class in this country.