cassolotl,
@cassolotl@eldritch.cafe avatar

"The end of landlords: the surprisingly simple solution to the UK housing crisis"

https://www.theguardian.com/lifeandstyle/2024/mar/19/end-of-landlords-surprisingly-simple-solution-to-uk-housing-crisis

'Over the last 25 years, there has not just been a constant surplus of homes per household, but the ratio has been modestly growing while our living situations have been getting so much worse.'

'We now find ourselves in a situation where one in every 21 adults in the UK is a landlord. We have four times as many landlords as teachers. As a consequence, virtually everyone struggles to afford a home that meets their needs despite a net gain in housing stock.'

'Where Adam Smith and Karl Marx found common ground was in the idea that everyone’s interests are aligned against landlords: they are an economic deadweight.'

#landlords #UK

ikanreed,

@cassolotl to anyone who has read Smith, it's very obvious that his original concept was way way way to the left of what we now call capitalism.

Taxing the rich, universal free education, prohibiting rent seeking, these things were very clearly outlined in The Wealth of Nations.

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