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(quokk.au)
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this post was submitted on 07 Mar 2026
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Memes of Production
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The supply is limited and the pig bought all the houses. The mortgage HE is paying is half the rent. The mortgage the cat could get depends on the price he could get, but guess what, pig jacked up the price. For pig, the houses are assets. Why would he sell for less than he can make by renting over a long period of time?
So the price goes up because supply is limited. Not to mention that new supply would be typically captured by pig (or his fellow pigs) almost immediately.
The pig is going to buy more houses, so he hasn't bought all the houses...
Otherwise... can't you buy an empty lot and build the house yourself?
Yes, but cat is going to be competing with pig for any house that comes into the market. And pig, given his leverage can easily outbid cat.
When it comes to empty lots, maybe, but people want to generally live close to where their friends/relatives/jobs/services are. Sure, some people are going to be ok moving out to the boonies. But that can't be a society's overall housing policy, not least because sprawl is prohibitively expensive in the long run.
The real answer is to stop making excuses for pig's antisocial hoarding behaviour and step in to limit it or abolish it. Housing should not be a financial asset. The financialization of housing is socially destructive and economically unproductive (imagine if all that capital was invested in actual productive enterprise instead).
you could, if you weren't paying excessive amounts of money to the people hoarding housing.
but since you are, you don't have the cash to do that, at least not for a couple decades at least
Idk, I did it myself (this decade, not in the 1960s)
Congrats, you're in the minority.
Well, it's a once in a lifetime purchase, every buyer is in the minority, statistically.