175
Canada likely sitting on the largest housing bubble of all time: Strategist - BNN Bloomberg
(www.bnnbloomberg.ca)
this post was submitted on 23 Aug 2023
175 points (95.3% liked)
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Btw I'm a privileged one. I live in Europe and I have a salary quite above average. Which means I'm in the 30% wealthy.
Fear of things getting worse is how the rich keep people in apathy: do nothing, or else it'll get worse. It's how they discard left arguments and solutions : this will mean the apocalypse door you and me, but especially you.
It's propaganda. Do nothing while people die rather than trying your chance at the future. If you look at the propaganda you'll see that the only chance they encourages you to take is the one that earn them your money for a chance to become one of them. "there is no alternative".
Liberalism survives only because of fear and propaganda. People die everyday because of it, and the next crisis will kill many more only for the system to sustain itself until the planet is no more livable.
The fact that you're in a position of privilege is what allows you to say you don't mind seeing the system crash, you'll be ok while things get worse for the poorest. Even a decade of the economy being in the gutter would be worse for most than the current situation. Better not be able to afford a house and having to rent with roommates than not be able to find a job and having to live in the street.
You don't need to "be able to afford a house" if it's not a free market. But somehow this idea seems unconceavable.
Oh so what you're suggesting is that everyone gets the same government owned apartment... Social housing and cooperatives are already a thing though and it can coexist with a free market, no need to kill people by destroying the economy.
That's not what I'm suggesting. You don't seem very creative about how it can work. Or false alternative is more comfortable to accept this fucked up situation that is already killing people.
That's killing way less people than if the bubble was to burst.
For how long?