Comment by caditinpiscinam

> A vanishingly tiny number of people own almost all the wealth in the system

I'm not sure this is true. Based on a couple articles I found, this is what the current situation looks like in USA:

a) Billionaires, (of whom there are about 1,000) own about 5% of the wealth

b) Millionaires, (of whom there are about 25 million, or 7% of the population, excluding billionaires) own about 74% of the wealth

This tracks with my impression of the rental market. Most rent money isn't going to the billionaires or big corporations, it's going to the 10 million or so mom-and-pop rental property owners.

I'm not an expert on this stuff by any means, but my intuition is that it's a cycle, wherein the rental system is one of the largest drivers of wealth inequality in the country.

https://en.wikipedia.org/wiki/Wealth_inequality_in_the_Unite... https://inequality.org/article/billionaire-wealth-concentrat...