Saturday, February 15, 2025

Do millennials really prefer to rent – or have we just been cheated out of a proper home? | Arwa Mahdawi

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The year is 2070. Nobody owns a home any more; the concept of individuals possessing property has gone the way of the floppy disk. Instead, a few large corporations control all the world’s real estate and people “subscribe” to holistic housing solutions on their iPhone 78X in the same way they currently subscribe to Netflix. You can pay your monthly subscription in billionaire-backed cryptocurrency: BezosCoin, MuskCoin or ZuckCoin. If you default on your housing sub (nobody uses old-fashioned terms such as “rent” any more) you are dispatched to Mars to pay off your debt via indentured servitude in intergalactic Amazon warehouses.

I’m not saying that’s exactly how things are going

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