@return2ozma to California • 7 months agoHigh home prices are 'feudalizing' California as unaffordable housing markets pose existential threat to middle class, study saysfortune.comexternal-linkmessage-square3arrow-up147arrow-down13file-textcross-posted to: news
arrow-up144arrow-down1external-linkHigh home prices are 'feudalizing' California as unaffordable housing markets pose existential threat to middle class, study saysfortune.com@return2ozma to California • 7 months agomessage-square3file-textcross-posted to: news
minus-square@[email protected]linkfedilinkEnglish5•7 months agoTrue, but it’s also evidence that superficial fixes like higher minimum wage alone don’t eliminate the core problems of capitalism, they just mask them while those who are hoarding all the money and property continue to do so.
It’s not just California. It’s global.
True, but it’s also evidence that superficial fixes like higher minimum wage alone don’t eliminate the core problems of capitalism, they just mask them while those who are hoarding all the money and property continue to do so.