A Patron of Democracy at Work asks: "Based on the content that I consume, my expectation is that factions of the 1% like BlackRock intend to own all family housing in America and rent it to us. The prices of homes going down paired with higher interest rates makes the game even more favorable for those who can buy these properties in one payment. My question is, how will these parasites intercept houses from young people who are expecting to inherit their parent's home? Is there a mechanism for them to do that?"
This is Professor Richard Wolff's response.
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