Like there is definitely plenty of ideological space for "every American should become a small time real estate speculator with their own tiny freehold!" Its just not really the Marxist or left wing part of the spectrum per se
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Wall Street buying up tons of real estate is definitely not good but hard to find a better example of the dangers of Rich Kid Leftism than thinking the problem with it is that it denies Americans the bourgeois dream of home value appreciation wealth building.pic.twitter.com/bcaFWIVrff
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Oh ya I forgot that NJR denounced marxism a couple years ago. Well, it tracks!https://twitter.com/DoublTroublGum/status/1403052751047647233?s=19 …
Ahh yes, Nathan J Robinson, famously a fan of Marx
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(pointing at the hammer and sickle emoji guys replying with 'but how do you expect middle class people to build wealth if they're renting') see, that right there? that's ideology.
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End of conversation
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I'm surprised more people aren't raising flags over the "cabal" statements in the original thread that started this discourse.
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? Homeownership has been declining but 65% of Americans still own their homes, the point is that there was a time this was hardly seen as an extravagant life goal.
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Yay, I mute him and you screencap him into my feed.
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Build so much new housing we break Wall Street
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I think you're on to something here. What we need is a GameStop type short squeeze on BlackRock and other Wall Street speculators gobbling up homes. If we legalize housing and homes become abundant, they lose big.
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I mean, it's not just wealth from owning a home, paying exorbitant rent each month keeps you from even saving up a nest egg.
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