Post #2623067
2026-01-19 06:54 UTC
That's not true, considering 60% home ownership. How can most homes be owned by billionaires when most people own their homes. Are most people billionaires?
Replies (2)
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@ScientifficDoggo@lemmy.zip 2026-01-19 16:01
Not what I said my guy.
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@Bronzebeard@lemmy.zip 2026-01-19 17:42
They don't need to own all of them, just slightly more than the turnover/growth rate. If a community only has 2% of people moving in/around, and billionaires own 4% of the houses in an area, they can still jack up the prices, which changes the value of all the homes