Evictions, rising rents and unaffordable homes: Capitalist housing market a total failure

On today's episode Walter Smolarek and Prof. Richard Wolff discuss the housing market as the Federal Reserve-induced economic downturn takes shape. The situation is rapidly deteriorating for both renters and prospective home buyers, with evictions on the rise, prices rising and interest rates spiraling out of control. Professor Richard Wolff is an author & co-founder of the organization Democracy at Work. You can find his work at rdwolff.com. Please make an urgently-needed contribution to The Socialist Program by joining our Patreon community at patreon.com/thesocialistprogram. We rely on the generous support of our listeners to keep bringing you consistent, high-quality shows. All Patreon donors of $5 a month or more are invited to join the monthly Q&A seminar with Brian.