The Capitalist Paradox: Mobility, Equity, and Real Estate

This chapter explores the evolution of capitalism, contrasting its promise of upward mobility with the reality of low social mobility, particularly in the U.S. It highlights the growing influence of private equity in the housing market and how they prioritize profits over tenant welfare, exacerbating economic inequality. The discussion delves into the implications of rentier capitalism, examining how major investors navigate market cycles and reshape the housing landscape at the expense of ordinary individuals.