/leftypol/ - Leftist Politically Incorrect

Boomers are spiritually moloch worshipers

>>2955054
Yeah it's some complex interaction between bad political economy, conservative boomer anti-change institutional structures that got entrenched, various cultural forces and random historical stuff. With the banning apartments you have dream hoarder rich professionals who are obsessed with having really nice, comfy homes and they don't want to build anything while the largely formal economy around them implodes. Funniest outcome worldwide however is a few megacities and then everything else is a dead desert with old people from China to Russia to Spain to the U.S.

afaik always has been since fuedalism

artificial scarcity, property hoarding, rent seeking, next question

>Don't they realize this is ultimately anti productive
Capitalism is a system that encourages irrationality and short term gain over long term planning. The boomers see their house valuation go up and aren't concerned about anything that happens afterwards. Likewise most capitalists despise keynesian or socialist full employment policies even though it's more sustainable long term because there's more people with money able to purchase their products/services.

>>2955054
You need to specify who is actually buying to get an answer
>Working poor proletarians can't afford housing
Been a problem ever since the dawn of capitalism, read Engels on the Housing Question
>Well-compensated workers making median income or better can't afford housing
Consequence of COVID fucking up supply chains and jacking up historically low mortgage interest rates, exacerbated by supply shortages in SOME cities which are growing in population, and by house flipping and short-term rentals from people who want to speculate and rent-seek. 'Affordability' wasn't nearly as bad in the 2010s and it's weird that no one is capable of pointing that out.