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Scalper economy
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this post was submitted on 29 Nov 2024
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Arbitrage is a practice as old as the world. I don't see where is the problem in that
People with lots of money shouldn't be allowed to make other people suffer.
If I punched you in the face, I'd be in trouble. But if I drive up housing process so you become homeless, well that's your fault.
What the hell does that have to do with luxury goods? The house is the only thing you Might not consider a luxury good because you need housing but, owning your own property and not sharing walls with a neighbor is in fact, a luxury.
Shelter is a basic right. And private landlords have been disastrous for the price of housing.
A home is 1 form of shelter. The luxury form. Much in the way a Ferrari is a form of transport vs a bike. The meme doesn't show shelter in the context of a basic right. It's showing a luxury good among other luxury goods.