Why don't renters own their own property? Lack of capital to build or buy. Guess who has the capital and uses it to establish the supply of rentals either directly by building or indirectly by paying someone who built it and enabling them to build more?
Even if you think the perpetuation of capital unfair the realities need to be acknowledged in order to even begin to think of a viable alternative.
Lack of capital isn't the only reason to rent. You might also choose to rent because you are not interested in investing a significant amount of your money in real estate, or because you don't want to make a long-term commitment to live in one place.
Even if you think the perpetuation of capital unfair the realities need to be acknowledged in order to even begin to think of a viable alternative.