Youth poverty and rent

Rent is in particular to blame for youth poverty.

I fear we must take cycles into account here.

I suspect that young people don’t own stuff, must pay rent is the main contributor to youth poverty.

So either rent doesn’t exist, or birth rate doesn’t exist.

In the short history of capitalism, I wonder if future countries will realize that land is never to be privatized en masse.

There seems to be a divergence in two types of world governments.

1. The government is part of the housing problem. Private persons can own land. Such property is protected by the government.
2. The government solves the housing problem. By building houses themselves and forbid (in some ways) privatisation of land.

Item 1 is very much a Europe-lineage thing.

I’m of the general opinion that a working life does not have meaning if 1/2 of my fruits of labor goes to paying a feudal lord. Here for Informatiker, it’s about 1/5 if I live in a big city.

I heard that farmers used to pay as much as 60% of their produce as tax. https://en.wikipedia.org/wiki/Feudal_duties

If I cannot buy (or build) a home in a reasonable amount of time, there goes my every incentive to work. If return on investment doesn’t exceed rent, what’s the point of saving? If my government doesn’t intervene with the distribution of land, I sure don’t feel like intervening (a.k.a. working) either.

Maybe that’s what makes information technology so appealing: it does not need much real estate.

Internet estate – the main few TLDs – have rent control. Would Internet be the same if domain name prices rise like rent?

Again, economic policy comes down to distribution of wealth. Who gets more, who gets less. Who must pay to live, who gets paid to live.