Comments by "" (@lonevoice) on "Why we need to abolish landlords | Nick Bano interview" video.

Economics on their side? I don't think so. As I see it the starting point is the affluent. The affluent are basically unable to spend enough. They spend as much as they want but always have a surplus then if they get more then their surplus grows. The question then is what do they do with their surplus and the answer is that they use it to buy assets such as shares and property. Over time, increasing amounts are being channelled from the real economy of jobs, business and public services into asset purchases. It acts as a drain on the real economy and will get worse as wealth inequality grows. So no, economics isn't on the side of landlords.
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