1. EachPod

Our obsession with ownership

Author
Steve Keen & Phil Dobbie
Published
Wed 24 Jul 2024
Episode Link
https://shows.acast.com/debunkingeconomics/episodes/our-obsession-with-ownership

We are obsessed with the need to own things, not least, our homes. But for younger people that is increasingly becoming a pipedream, unless they are lucky enough to gain a healthy inheritance. Even then it’s going to come later in life. In the meantime, we save like crazy, and even when we do get a house, we spend decades paying it off though a hefty loan form the bank. The finance sector are the big winners. But should we do away with this unhealthy obsession and rent our homes. A d should the government be the landlord most of us turn to, rather than a private property owner borrowing from their bank? 

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