• trailing9@lemmy.ml
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      11 months ago

      That depends on the housing market. If you have a surplus in housing, rent will remain stable because tenants will move if their landlord increases rent.

      If you have a deficit in housing and more people look for a place to stay than there are available places, then tenants cannot move. Landlords and other businesses in deficit markets like healthcare will take all additional income.

    • bigboopballs [he/him]@hexbear.net
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      11 months ago

      The Maoist uprising against the landlords was the most comprehensive proletarian revolution in history, leading to almost totally equal redistribution of the land amongst the peasantry.