Debt-Based Capitalism Is Over, Gives Way To Asset-Based System
https://www.technocracy.news/debt-based-capitalism-is-over-gives-way-to-asset-based-system/
Debt-Based Capitalism Is Over, Gives Way To Asset-Based System https://www.technocracy.news/debt-based-capitalism-is-over-gives-way-to-asset-based-system/
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Debt-Based Capitalism Is Over, Gives Way To Asset-Based System
America is being twisted out of its private property as homebuilders are selling entire neighborhoods to Wall Street. Since 2019, the so-called Build-to-Rent sector has exploded by 270%, and now represents 9% of all single-family construction. The metrics have changed: it is now more profitable to rent a house to you than to sell it to you in the first place. Affordability and availability have driven home-buyers out of the market, forcing them to rent. The trend seems irreversible, regardless of economic conditions. The current trajectory suggests the transformation will be complete by 2030.
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