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Housing Speculation is when rich folk, corporations, and wannabe landlords buy up property and sit on it like dragons hoarding gold. The Dutch have a dragon-adjacent term for this because speculation devastated their housing market in the 70s-80s leading to some gnarly Dutch squatting culture. They let homes sit empty, good as money in the bank and watch the value increase as everyone else competes for the remaining houses. That's value they can borrow against, that's a few hundred-thousand dollars if you need some quick cash, that's a property you can rent out for regular income while charging tenants for repairs or maintenance and fining them for wear and tear. If property values go up and laws prohibit raising the rent by a certain degree, in many places they can find shady ways to evict that tenant, make no changes and charge the next renter more. It's probably illegal but if you rent to people below a certain income, you can be assured most can't afford to take you to court.

I live in Chicago. Many of the properties that used to house students, small families, single parents, older people, low-income folks have been gobbled up by little airbnb barons who colonize previously well-established neighborhoods and price out families who've lived there for generations because they can't keep up with the artificially inflated property values. The airbnbs spread like cancer until a handful of people can dominate the "affordable" housing for an entire neighborhood. It's gentrification on meth, but without the kind of localized money circulation or community improvements you get when people live and work and spend within their neighborhoods. It pushes residents further and further from services and resources until all that's left is the locked-in commodififation of an exploitable renting class.

Property ownership has always been a tool of the most privileged class to extract value from the working class because the only options become rent, move, or live on the street for all they care. At which point, the police will sweep you further and further into the gutter until they have an excuse to send you to prison. This kind of speculation and consolidation allows people with excess resources to buy up the things the rest of us require to function and sell it back to us forever. These are the same people that invented the fairy tale about how if we work hard enough and save and spend like smart people, then we can be landlords too! We can own businesses, raise families, chase dreams and be happy if we are smart like they are. But if we can't is because we're lazy little parasites who need to have our lives portioned out to us lest we waste time that could be earning money for the landlord.

The United States condemns the tragic and brutal death of Mahsa Amini, a 22-year-old Iranian woman who died in the custody of the Iranian Morality Police after being detained for purportedly wearing a hijab too loosely. We mourn with her loved ones and with the Iranian people.

In response to this and other human rights violations in Iran—including the violent suppression of peaceful protests—the United States is imposing sanctions on Iran’s Morality Police and senior security officials who have engaged in serious human rights abuses, pursuant to Executive Order 13553. The Morality Police, an element of Iran’s Law Enforcement Forces (LEF), arrests women for wearing “inappropriate” hijab and enforces other restrictions on freedom.