re: #184 Ojoe

We live less well because of the growth of the rentier class.

There’s no denying that, sad to say. To take but two examples:

1) Taxation. here, property tax funds most things, and, amazingly enough, since most voters aren’t property owners, property taxes continue upward every year;

2) Rental income has become a factor in the valuation of residential real estate. Quite often, it’s a better deal, economically, to commit a unit to rental use than to try to sell it for owner-occupancy. Feeds into the problem in (1), above, of course.