this post was submitted on 21 Aug 2023
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Considering how crazy expensive accommodations have become the last couple of years, concentrated in the hands of greedy corporations, landlords and how little politicians seem to care about this problem, do you think we will ever experience a real estate market crash that would bring those exorbitant prices back to Earth?

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[–] ThisIsMyLemmyLogin@lemmy.world 47 points 1 year ago* (last edited 1 year ago) (1 children)

No. As the effects of climate change become worse, people will migrate to cooler places, which will only push up prices in those places. Poor people will be left to live in uninhabitable and uninsurable areas, while the rich will get to live in comfort.

Climate change is essentially a class struggle, like everything else in life. As long as the 1% don’t have to suffer, nothing will be done. To get the rich to do something about climate change, it will have to affect them directly.

[–] Kyrgizion@lemmy.world 0 points 1 year ago

limate change is essentially a class struggle, like everything else in life. As long as the 1% don’t have to suffer, nothing will be done. To get the rich to do something about climate change, it will have to affect them directly.

Exactly this. Elysium comes to mind, altough it won't be a space station in orbit but probably a densely populated blue zone in Western Antarctica defended by turret boats or some shit.