The point was that we'd be better off if there was no renting, than the current situation. You can outline a situation where it seems like no harm is done by a renting market, but it's part of a wider ecosystem, an ecosystem that shifts over time. It's similar with various other situations, such as usury. If I've worked hard for $1m of stored value and I want to loan it to someone I know at a few percent interest to start a business that will employ people and strengthen the local economy, it's hard to not argue this is generally good. But it starts there and it morphs. The next thing you know your entire system is based on usury, and such loans would be high risk to make between small entities.
Similar with the commercial sale of nudes. It started with selling photos of other people's daughters in swimwear. Next thing you know you're going to jail for using force to stop your 18 year old daughter selling videos of herself in extreme acts.
I'm not an expert on the topic, but the history of property ownership and renting is quite different to the situation today. The historic norm centres around a leasehold system that slowly broke down and eventually was tipped over. But the highly commercialised nature of rentals today is quite new. It's gone from rentals being there at broadly affordable prices, to rentals being there at prices at which few people who work in the area can afford. Cities have been stripped of heritage populations because many can't afford to live in the same area as their parents. What's next on the spiral downwards? Pods with bug burger vending machines, under management by Blackrock and other large faceless entities.
There are a lot of factors behind the decline of cities, but the commercialisation of property is a big one. It is usury at this point. A small number of players circling the market and artificially inflating prices to the extent that they loose money on rentals to accrue on paper gains in a fake bubble that contributes to a sterile society. This is the fertile becoming infertile and the infertile becoming fertile. Usury.
Yes. There are plenty of hopeless people who've made bad decisions due to being in the various negative ecosystems of today. That's all that will happen with negative ecosystems. If the ecosystems promote healthier habits, then those will proliferate.
Banning women from college. You've got to dream.