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Real estate is a de-facto slavery system.

There is no reason on earth why a box to live in needs to cost $1000/month or more, this is entirely a case of artificial scarcity in order to lock everyone into a mortgage that they'll be paying the rest of their lives.

Central banks do this in order to force someone to defend the value of their money supply, so they can print money for their friends without causing instant and violent inflation.
Artificial scarcity to push prices to the moon so that everyone needs a massive mortgage. The banks can print the mortgage money so for them it's just numbers on a spreadsheet. Printing 1/2 million dollars makes sense if you're going to get 1mn$ in the end.

They use building codes, zoning, and violent criminals to make sure that any place that is livable is so in-demand that you need 200k for even a cardboard box.

This is part of why they import violent criminals. Rising crime in high density areas helps them because it makes more areas unlivable.

They also import cheap labor to "combat inflation" by ensuring there's always someone willing to work for $10/hr even when $10 is worth 5 cents in 1900 money.

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