this post was submitted on 15 May 2025
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A Boring Dystopia

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[–] SoftestSapphic@lemmy.world 1 points 1 week ago* (last edited 1 week ago) (8 children)

Mao was right about landlords

That being said these people can afford to pay this, their house is millions of $s.

[–] Red_October@lemmy.world 19 points 1 week ago (7 children)

If the house you've been living in for ages goes up in value, that doesn't turn into money you can spend.

[–] anachronist@midwest.social 15 points 1 week ago

I was living in a neighborhood that gentrified and my rent went up a "life altering" amount. I had to move to a different, shittier neighborhood and had nothing to show for it. If a property owner has the same thing happen, they may be forced to sell, but they will get a massive windfall. Renters get nothing besides a kick in the butt.

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