RE: Real Disruption/Displacement: Real Estate vs Crypto
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There is another piece that makes real estate a very bad investment (now)
"Real Estate" the name, and all that is associated with that.
The King's Estate. (Real from Spanish. Like in El Camino Real)
It basically means, all the property is gone.
And the new generation have to outbid every previous generation to get a place to live.
Why do we have the mentality that those who are least capable, those who just left school, should be burdened with the biggest hurdle?
We, as a society, should have property for new adults.
I do not know how we do it, especially in the current paradigm. But we better figure it out quick.
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I feel like the only way to do that is to make it so property is returned to the community rather than allowed to be transferred as inheritance. This is a topic I've thought a lot about and considered quite a bit... and there are a lot of problems and loopholes that pop up. Still if we live in a society in which people do not need legacy-money to thrive then returning that legacy to the community at large is not that big of a stretch. I feel that communities will pop up in which members feel obligated to donate everything back when they die rather than trying to create a family dynasty. Maybe that wishful thinking.
My best idea goes like this:
Property is set aside from the community.
They are small parcels.
In highschool, all the boys build a house (like a garage downstairs and an apartment above that)
so, that when the boy graduates, they have a house, and a skill to know how to fix it.
Sounds like ya got it all figured out!
Not bad.
Moammar Gaddafi was the dictator of Libya for a while. He used to give newlyweds a new house as a wedding gift.
Given how that ended up, it may not be the enlightened policy it seems on the surface. At least, not while banksters run everything, as they do.
Thanks!
There is a real problem with "Giving" things to people.
It seems really important to make a person earn it.
And things have to really be made as fair as possible.
It is why my idea has every young man BUILD their own house.
Women are a different problem. Haven't figured out that half of the equation.
The community needs to make sure that house ownership is not out of reach ever.
The system we have has houses prices go up forever, and incomes to reach a plateau.
In this system, the slowest people get bankruptcy-ed. Its part of the system.
Anyway, in the future, i see ownership kinda as reversed, inside out.
The human belongs to the land.
Ownership is the person protecting and caring for the land.
If the person is not doing that, then they are not the owner.
But, in this system, there will only be little areas that are "owned", so if you want a place of your own, go find one.
Makes a lot of sense, economically as well as socially, and ecologically. Probably why there were serfs.