this post was submitted on 08 Nov 2024
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Socialism

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With over 600k homeless Americans, couch surfing and sleeping outside tonight, this is important to understand (lemmy.ml)
submitted 6 days ago by yogthos@lemmy.ml to c/socialism@lemmy.ml
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[โ€“] Cowbee@lemmy.ml 24 points 5 days ago (1 children)

Property speculation crashed. It wasn't a homelessness crisis, but an intentional popping of a speculative bubble because Capitalists got greedy and homes were too expensive.

[โ€“] Name@feddit.nu 1 points 1 day ago

So China tried the same formula as the west than, let the capitalists steer the housing market?