Today, the democratization of landownership is being reversed. In the United States and across the world, more and more people are being pushed into living in rented apartments or houses, with little chance of gaining financial independence. This trend is not simply a product of market forces. Rented housing—whether apartments or single-family houses—has been heavily promoted by much of the oligarchy and more so by the planning gurus of the clerisy, even though homeownership is favored by the great majority in the United States, Europe, Australia, and Canada.
