>>22206562What brought forth that kind of outcome was moneylending.
When everybody buys a house with their own money, they spend 3-5-7 years saving, then the developers are forced to sell them for those 3-5-7 years' worth's savings, because a young family needs a house, while a 60-year-old probably not quite.
Now, the bank "helps" you: it lends you the money, so you can buy a house and spend your future income right away, without waiting for 5 years. The trick is: it now doesn't need to be 5 years at all, the developer might ask your future earnings for the next 35 years, and you'll agree, because the bank will enable you to do it, and you need a house to live in. And money lenders will encourage developers to raise their prices as best they can, because they want you to pay them for the next 35 years instead of 5. They'll also be lending money to developers, inflating the prices even further, as well as buying shares in those developers to further control them.
That's how the inflation wheels are greased. It's all about money lenders and their interest, nothing else.
