Quote:
Originally Posted by Sephiroth
Are you sure they are 'parasites'? Take, for example, companies like Slough Estates who spend billions building the sites and office space. Are they parasites or are they charging a rent to pay for their investment plus profit?
Gangmasters are parasites; trafficking masters are parasites. But landlords? Really?
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Is it their own money or are they borrowing it?
Fundamentally rents represent a transfer between genuine wealth creators and
entrepreneurs to asset holders. Who in turn take their profits (and borrow against their assets) to carry out the same wheeze elsewhere - fundamentally because land is an asset in short supply.
It's long overdue that this imbalance was removed and if Covid-19 accelerates that then there's maybe something good to come from it.