The 400 Year Cycle of Real Estate

[@HowHistoryWorks]

Use my link to get a free bag of fresh coffee with any subscription purchase: drinktrade.com/howhistoryworks

[@ChromosomeChromosome]

You have probably a ton of info gathered and not use to keep that short format, maybe doing long form podcast could be nice

[@samuelpo3378]

good video but you forgot to talk about The 400 Year Cycle of Real Estate

[@tomlxyz]

That probably wasn't the original title

[@briandenison7608]

I was gonna say this same critique.

[@trayler1618]

Lol 😂

[@HowHistoryWorks]

I should have made it more clear and got less caught up in the stories. But what I was trying to say was land has gone from a good that most people can own to a good owned by the elites, and then back to a common good again on a fairly predictable cycle. In the last 100 years we have been able to buy our own home but it's starting to become something only the elites can own because they are the only ones that can afford it.

[@samuelpo3378]

@@HowHistoryWorks oh now I see it, so I guess in the coming years land will become more and more for elite until some big change happens where common people can basically get it for free (like a big war or something)

[@PhillKaggitz]

“Spending all your time and energy making money for someone else only to die and have nothing” hits hard man

[@briankier2189]

Basically sums up today. We are just a more modern version of the “peasant”.

[@FrankieDiazabraxas]

Want to know the worst part? "We Come Back." And we're stupid enough to go through the same stuff over and over because we don't want to remember the mess-up we did the last time around.

[@pvanukoff]

@@FrankieDiazabraxas I think it's more like we need to work to have money and we need to have money to live. It's very very hard to break above that.

[@MyCommentsGetGhosted]

I get immensely frustrated when videos that discuss or imply the topic of housing costs don't mention how restrictive zoning laws affect the hosing market and creates an increased barrier to entry in owning property.

[@IAmTheAce5]

You’re not the only one to notice. The story always seems to stop at ‘and the capitalist made a profit and everyone lived happily ever after’.

[@mggaming4624]

​@@IAmTheAce5regulation is the opposite of capitalism lol

[@Miranox2]

@@IAmTheAce5Zoning is regulation. A capitalist wants as little regulation as possible.

[@DelusionalRaptor]

​@@mggaming4624 I don't get why everyone says this. late stage capitalism loves regulatory capture. why compete when you can just own the market or rig the game for yourself?

[@sergiowinter5383]

Because you can't build in national parks for example. Time to build tree houses!

[@nuke___8876]

Building up is more efficient only to a certain height. Once you pass about 5-12ish floors, the cost per floor starts growing exponentially. It's why most urban apartment buildings are around this height. The only reason to go above that is that the location is so valuable that it justifies the large price tag.

[@luizgarcialuizgarcia3386]

Exactally

[@andrew.]

Serfs up

[@AwesomeHairo]

I laughed harder than I should have.

[@philanders3705]

​@@AwesomeHairohaha me too

[@lukedegraaf1186]

I laughed the right amount 🤣 😢

[@pyeitme508]

"It's free real estate" meme only useful when ya some rich & powerful elite😅

[@Snooder]

oof. Gotta say, not a huge fan of this one. The medieval history analysis is very inaccurate. I get that it was supposed to be a broad spectrum generalization to discuss a broad trend about common ownership of land, but people who don't actually know how complex and varied landholding and legal obligations in the middle ages were could be badly misled.

[@ahmednasr7022]

i love how every time a west focused "historian" talks about ownership or economical systems its always : " well everyone was a communist and then Adam smith did stuff"

[@nyarlathotep1328]

There are medieval history channels that are just as available as this. Everyone can cross reference. Given the video time and topic, anyone halfway knowledgeable already knows this video couldn't and shouldn't try to waste time on irrelevant details. It's accurate enough and you know it.

[@jefferyjeffery1707]

​@nyarlathotep1328 👍 I know the complexities of Medieval Land ownership creation...but yes. Totally agree with you....this video served what it was meant to be. Merely a survey of how land and ownership issues evolved!! Totally agree with you.

[@Eliastion]

From what I've heard about the Louisiana deal, it was actually a good idea for France anyway. They lacked the power to keep it - it pretty much belonged to France on paper only. Selling it to someone who COULD enforce the newly bought claim to the land had basically zero cost for France - had they tried to keep the land, they would've lost it anyway.

[@foxymetroid]

Same reasons Russia sold Alaska. It was too far away to really hold and the Tsar wanted to make money from it before the Brits could take it from them.

[@luizgarcialuizgarcia3386]

And US was a friend of France

[@YourCapyFrenBigly_3DPipes1999]

In my opinion enclosure was an incredibly destructive process that harmed the masses irreparably. I believe modern forms of enclosure likewise carry on this destructive tradition. I'm not saying there can be no private land, it's not black-or-white or either/or, I'm just saying that excessive enclosure harms the general public in various ways from demonizing and dehumanizing the homeless to causing the loss of third and fourth places in our lives and the loss of community and affordable spaces.

[@davidpeltier9148]

The idea that serfs never traveled is false. Who do you think went on pilgrimage and depending on the which period of the middle ages, they could reasonably be expected to travel as far as to other "countries" for leisure.

[@igoralmeida9136]

medieval serfs were probably more free then we are, just because the feudal lords did not have as much control over their lands as the modern governments do

[@ShadowJak]

The metaverse is a bad idea and bordering on being a scam. It is a boring, bad videogame no one wants to use. It will never be worth anything and because it is software, it is infinitely copyable. If it gets popular, other companies will make their own.

[@KamikazeMedias]

Own nothing, be happy sheeps

[@g0r3ify]

Well the current system of real estate ownership is not really different compared to feudalism. The only real difference is the separation of land titles and political power.

[@BillDaBurgerEater]

Yeah, the banks own everything instead of a king tho

[@CameronFussner]

I’m a grand dad, I moved to the Bay Area a few years ago and I’m thinking of purchasing a single family home, but with real estate prices currently through the roof, is it still a good idea to buy a home or should I invest in stocks for now and just wait for a housing market correction? I heard Nvidia and AMD are strong buys.

[@LucasBenjamin-hv7sk]

it’s a personal decision, but according to Forbes, housing activities will remain stagnant for the most part of the year, so maybe hold off a little.

[@leojack9090]

well you could put a downpayment on a home and as well diversify as much as you can into Ai and pharm. stocks like Pfizer and JnJ.

[@hasede-lg9hj]

@KarlyNoorda Could you kindly elaborate on the advisor's background and qualifications?

[@fadhshf]

Sharon has the appearance of being a great authority in her profession. I looked her up online and found her website, which I reviewed and went through to learn more about her credentials, academic background, and employment. She has a fiduciary duty to protect my best interests. I sent her an email outlining my objectives and also booked a session with her; thanks for sharing.

[@voster77hh]

just look at demographics decline. Humans are getting less and less people in every semi-advanced, advanced and super advanced nation. Just stick with the basics: there is nobody who need or buy these homes. Rent a place and see rates and prices fall through the floor over at least 3 decades. people can't even afford kids until we do completely crash economies backing pension systems. All hope for any real estate recovery is up against basic demographic numbers. Only climate crisis could end us up in another severe land shortage and create any new demand. But that puts you into grave bet choices of wish land is protected from any and all climate disaster zones. that's the future land of interest. It's a rough gamble about black soils and improving rainfalls versus Tornado alley moving to Idaho. If I were you, invest in renewable energy asset like wind farms. Energy assets are deflation proof. Not exactly the same as oil stocks or assets threatened by EV disruption. Wind and solar is economically disrupting any fossile assets. A 200 trillion USD asset shakeup. 10x the Subprime crisis in size. Look at Chinas housing crisis. Would you want to invest in real estate in ageing Japan today? Real estate is only valuable where jobs are concentrated. if you have 1/3 young workforce there is 3 times the infrastructure to maintain form taxes, but 1/3 of the tax income base. 2/3rds of houses become obsolete desolate areas of decay. Given up ghost towns. Real estate is inflation secure but not deflation secure. only energy and telecoms must-run utility assets truly are. Check out the Strong Towns movement on urban planning on KZbin for sources and detail. Check out Peter Zeihan on Demographics around the globe for more info. We will also go through weakened government authority, so expect some mob rule well rob you. Means force you to sell for a drastically rebated price at gunpoint. You probably don't want certain assets that do not qualify as "critical infrastructure" shares. You would position yourself like trying to own a house in Stalinist Russia, be it communist, a new nobility or megacorps tripping you off. Any real estate deal could en you up in a interest raise trap. being forced to sell during hyperinflation puts you into a real loser spot. the bank would foreclose you and I don't suppose you want to pay assets entirely in cash? Means the bank is the white collar robber mafia you have to deal with here already. A MW solar farm project or a MW onshore wind turbine project or their bonds are the safest bets right now. Stay clear of anything offshore wind. That's still a big corporate stakes gamble. Of course stakes in a rural agricultural communal bank could turn out well, but farming credit hasn't been attractive for some decades. Some government state or national bonds are likely to default due to industry zombification crisis coming up. It's rough waters ahead. Unless "a home" comes with tillable fertile and climate crisis secure land (floods, droughts, heat waves, wildfires, mud slides, sea level rise), stay clear of it. Real Estate prices are bound to implode. Their rise is virtual due to asset inflation, not due to real economy. Instead of being invested into income generating last-to-ditch energy assets you would only be sitting in less-inflation impacted wealth preserving assets, not wealth generating ones. Unless you can solar roof and grown foot on that houses lot. Mean drastically cut your inflation or deflation exposure cash drains. It's a matter what could financially lift right now and it would also be a cluster risk unless you can gain resilience like growing your own food and generate energy yourself. You probably want to stay into something more liquid and not be stuck in a collapsing housing market for 30+ years you probably don't have anymore. On corporate stocks you run huge deflation risks on overcapacity and zombie economy governments meddling with "protecting jobs" doomed to die the death of demography economics. Anything that returns a steady cashflow for medical and care bills return like energy asset stales that cannot default being critical infrastructure is good. It must be competitive like solar or wind energy though. it would easily pay your rent of a small flat. Let some else take that fall. Until you want to till some land and grow veggies. Think like your 1929 grandparents. That situation took 30 years and a World War, Korea War and Cold War to fully sort out until Bretton-Woods and way after in 1989 fall of the iron curtain. Pls. zoom fully out on the global demographics. Humanity just stops growing and so stop consumer markets driving real estate prices up. We are already over the tipping point to a Club Of Rome decline..That's the macro economics highest level of workers buying stuff for their kids founding a family. That's less every years, aggravated by sour economic prospects.

[@Quixote3]

This is a profoundly linear interpretation of history, sir.

[@AwesomeHairo]

Also, this is a Wendy's.

[@sspectre8217]

I mean time is kinda linear so the simplest way to describe history is doing it linearly. Though you could do it as pyramid (getting wider as you look into the past) but that would make this 15 min video into a 4+ docu-series

[@vladutzuli]

It's a 17 minute video, not a university course lol.

[@igoralmeida9136]

yeah he just ignored the entire world except for US and England

[@RavenMyBoat]

Just tax land lol, Henry George described the danger of individual ownership of the value of land over 140 years ago.

[@XzoahX]

The future isn't in virtual reality. It costs basically nothing to produce a brand new mile of digital land. What you're buying with a valuable Minecraft server isn't really the land, but the attention of the players. It's more comparable to the rights to a stage play.

[@mauihomebuyers]

Thank you so much for slowing it down!!! My only complaint about your channels is that I’ve always had so much trouble following along and understanding everything bc you talk SO fast! lol you provide great insight and I love all of your content, I just wish I could understand it. This video is 10x better bc I’m able to keep up with you. I’d love if you could slow it down even more, but this is a huge improvement so thank you so much. I know KZbin likes shorter videos but personally I prefer the longer videos and I always watch till the end, like and subscribe. Thanks for the great content and huge thank you for slowing it down!!!

[@joedirt3643]

Change the playback speed of the video

[@mauihomebuyers]

@@joedirt3643 duh! Omg I can’t believe I never thought of that!! 😂😂😂😂🤦‍♂️🤦‍♂️🤦‍♂️

[@SystemaAlpha]

History: "It never changes!"

[@jlcarter04]

Nothing new under the sun...

[@tanuki88]

Well this was extremely convenient timing

[@Rizhiy13]

16:05 It already exists, ipv4 address space is pretty much fully allocated. Public addresses currently go for ~$40/IP

[@Roccofan]

15:38 I just went into my back yard and tried to find the cord to unplug it, It wasn’t there. Is there youtube video or subreddit that could explain how I can turn off my back yard? 😢😢😂😂😂

[@hectordaltro]

The dancing Wolf got me real good

[@rightwingsafetysquad9872]

1:27, the generic term you're looking for is HNIC - Head * In Charge.

[@rightwingsafetysquad9872]

There is also BSD: Big Swingin' *. But that more accurately refers to the most powerful or influential person without a formal hierarchy. For example, the great schism between the Roman and Eastern Churches happened because of a disagreement over whether the Pope was the HNIC or BSD, respectively.

[@recurse]

Neither, humanity will never have a substantial presence in space, because space is terrible and will always remain terrible, and virtual real estate is essentially a gimmick with no real value.

[@bharath2508]

Scandanavian countries is the best example for other countries.

[@kyousukekoyomi9160]

During the Japanese economic bubble the land that it took to put a 10000 yen mote ( Worth 80-100 Dollars ) on the ground was worth more than that note.

[@K-MasterGirl]

“Can you imagine…?” Yea I can. I work at Target.

[@jfhucka1]

The thing with virtual reality land is that it isn’t limited. You can literally sell infinite amount of spaces in a single building. Also there is no such thing as geography. Prices will be arbitrary and solely based on what someone can sell it for and can be resold to as many people as they want. Anyone that treats it like real estate in the real world is dumb. The thing that would be finite are things like domain names twitter handles etc.

[@contextual_investor6139]

Sweet I’m now one of the elites 😈

[@edwinleexm]

Darin, you should talk about Thomas Piketty's "Capital in the Twenty-First Century".

[@leylandlynxvlog]

I think VR real estate is likely to become commonplace faster than living on the moon. Unless they drastically reduce the cost of space travel.

[@XzoahX]

Unlikely. What makes land unique as an asset is that it's nearly impossible to manufacture more. Whereas virtual "land" can be produced at virtually zero cost. Any scarcity is artificial by definition. Virtual spaces can have value, yes. But it's not really the space that's valuable, so much as the attention that comes with it. It's more comparable to the rights to a Movie or video game. It can be worth millions. But steam isn't running out of downloads.

[@discographetti]

lmfao the metaverse, you’re really taking the piss with this one mate

[@Watch-0w1]

Maybe in the future. We will sell home like the jetson. Land be elevated like a pyramid.

[@abelcain945]

I find it strange you highlight Napoleon and leave out the Haitian Revolution, the reason he left the Western hemisphere

[@murphdoesitagain]

Great video man I’m glad you have this other channel. Came here from how money works. I love the hustle. On that note, virtual reality will happen first. Most space companies are money laundering schemes anyway. (NASA gets 50 million a DAY btw)😂

[@Feynman981]

I think we should tax real estate more aggressively for "non-first-time-buyers". And in the same time, give tax breaks of up to 2% of the total construction costs for housing that follows certain aesthetic guideline (not only rectangular shapes, facades in non-greyscale color, more decoration, more natural materials). Not only would this make first-time-homes affordable again by pressing investors into bringing their money back to the productive economy. It would also create an incentive to builders to deliver housing people actually want to have in their neighbourhood. And by following the demand of the masses, ultimately build more housing for more people.

[@MyCommentsGetGhosted]

Laws like that already exist and we already give tons of subsidies to first time home buyers. The problem isn't institutional investors, its restrictive zoning laws. Institutional investors are only problematic if you have a limited supply of desirable housing, they are not a problem when the supply is allowed to increase or decrease relative to market demand. That's how places like Tokyo are more comparatively affordable than cities in other nations, despite the fact institutional investors exist. Want more affordable housing? Outlaw municipal ordnances that restrict different housing types.

[@igoralmeida9136]

the government should simply build more houses, there is no need for everything to be on the free market's hands, only reason why the government does not build houses for the poor is ideological

[@MyCommentsGetGhosted]

@@igoralmeida9136 While I'm not against some public housing, there's no benefit or gain in having it as the main means of increasing housing supply. All it can potentially do is decrease the costs of rent but only in a supply constrained market. In a market where supply isn't constrained, you get good if not better outcomes by allowing developers to build denser and more abundant housing. Furthermore, public housing doesn't pay property tax, whereas private housing does, so for the same density it's easier to fund infrastructure through private housing. Even furthermore, people tend to take better care of things they have a sense of ownership over. When the US government decided to tear down black owned condominiums, ruining generation wealth and a sense of belonging to a community to replace it with with public housing that didn't even substantially increase density, it only led to negative outcomes. Increasing housing supply and density is what matters most to decreasing housing costs and to fund improvements in local infrastructure.

[@MyCommentsGetGhosted]

@@igoralmeida9136 When the private market is allowed to build housing, it leads to better managed properties that produce more fiscal revenue which can then be focused on welfare and infrastructure. When the government builds housing, it utilizes fiscal revenue to produce below market housing which doesn't generate fiscal revenue and only provides benefits in a housing constrained market (artificially limited supply). Allowing for the private development of housing is the superior option of the two as of now.

[@parkerbohnn]

Real estate is the easiet way to lose all your money in Edmonton, Alberta Canada.

[@gwydion1992]

I like the idea of you making videos of what you want. To be honest I wasn't super interested in the food part of the channel. I like all the other cool info you include that's tangentially related. Also it is super important to tend to your mental health.

[@lamcho00]

Why would anyone be buying virtual real-estate? It's not like there's a limited amount of it. Or like anyone actually needs it. I guess there will be a market for the guys who like to customize stuff and make a cozy room or two. But I doubt anyone will invest in it. Though people pumped Dogecoin, so maybe I'm wrong.

[@leylandlynxvlog]

Like he said, the already do with buying Minecraft servers and VR makes virtual things feel more "real" for many so it's certainly possible.

[@timmyturner327]

outer space property becoming a huge thing should happen sooner because virtual real estate is worthless for the purpose of actual IRL habitation.

[@13thCharacter]

9:05 Harder than it looks!

[@kevinvest9693]

We always had homes and pets lol. Adam and eve started as gardeners.

[@whatthepick]

Ok Village evolution to town was cool so VR

[@Weatherman4Eva]

Cool, guess i have to wait 400 f*cking years to own a home

[@karituurihalme1007]

Eve online has space renters already.

[@ajones8008]

vr will flop but will exist for those who are interested more so than than real estate in outer space. What about real estate in the ocean, or is that mostly claimed already?

[@yurydmorales]

00:00 🏠 Real estate has a reputation for both profit and loss, but its longevity sets it apart from other markets. 01:51 🏛 Throughout history, property rights were predominantly in the hands of the elite, such as ancient Greece where only free male adults could own land. 04:05 📜 Feudal systems, particularly under William the Conqueror, marked a significant shift towards land ownership hierarchy. 07:13 🌾 The enclosure acts in England led to the transition from communal land ownership to individual rights, catalyzing the emergence of private property. 10:54 📝 Legal frameworks evolved post-enclosure acts to facilitate land ownership, paving the way for a structured real estate market. 11:48 💰 The Louisiana Purchase of 1803, a significant real estate deal, doubled the size of the United States and demonstrated the economic power of land acquisition. 13:09 🏙 Skyscrapers and commercial spaces exemplify the evolution of real estate markets, with speculation driving market fluctuations. 15:28 🌐 The future of real estate may involve digital properties in virtual worlds or even off-world colonization, posing new challenges and opportunities.

[@jefferyjeffery1707]

Whats WAY interesting is that. As the masses of people left framing in modern times...to go live in cities. This was a huge creation of the world's current population....declines. As on farms...food was plentiful...and large families needed. But with cities..and decent working wages. Having kids becomes very deyromental, and eay expensive!!!!!

[@LiamNI]

2:41 - "damn..." Sorry, but isn't that just tax? Who you pay it to is essentially irrelevant...

[@redleo380]

Who decided who were the elites? Authority is a perceived concept...who made all this crap up?

[@YoYo-gt5iq]

How funny was it when that guy spent all that money to own a property on Facebook next to Snoop Dogg? You know he did it because he thought he'd really be hanging out with Snoop Dogg as those Snoop would not get around his contractual obligation to hang out in the metaverse by having a Lackey do it for him

[@rachidmohammed6784]

bro can you tell us how you edit your videos pls

[@theseyi]

I cannot imagine that the piece about “William the conquerer created feudalism” is true. I cannot speak for “land right”, but giving out land to nobles who then gave land to those below started long before him. Feudalism had already been going on for many years by then, even if you don’t count China. That or maybe you mean how feudalism started in England? Which had a sort of feudalism, but yes, was fully implemented by William, but he brought that system because it already existed in France (and other places too). If you mean the world and not just England, feudalism already existed then. I got to know, which historians are all agreeing that William the Conquerer started true feudalism? Because I can’t find any sources anywhere saying it. Can you link me to some sources? EDIT: I found the source you used for the feudalism part in your sources link. I think you misread it. It stated that feudalism became widespread in large part thanks to the Normans. Nowhere in it did it say that the Normans started true feudalism. Even that article stated that the Franks used feudalism (as my comment noted).

[@voster77hh]

Low birthrates do trigger a steep decline in real estate demand for decades. We become that alien species were neither resources, mor land or property are scarce anymore. means, this will all reset to pre agriculture free roaming lands scarcely settled by anyone and toiled by robots who have no need for any home and never sleep or eat in their farm or factory. The entire need for the real estate system is quickly falling apart.

[@armorbearer9702]

(0:48) I am glad our early ancestors had their priorities straight.

[@iandaniel1748]

Wow 😲 bro u forget zone law . Law take out right to build smaller medium large house or business same places

[@simonmcsherry1179]

6:29 Horde = Lords Alliance = lessor Lords (and Knights) Roger that 😎 For the Horde!

[@richardbarry2140]

You failed to mention one of the most important creators of the private property system, when the U.S. sold millions of acres cheaply to anyone who settled and cleared the land, known as homesteading. Millions of families and individuals abandoned Europe to get true ownership of real estate they could live on and sell, after the required number of years of settlement. Also, it is idiotic to think that virtual land has any relationship to real land, as nobody can live there (bodily, anyway) and nothing real can be produced, grown, mined, etc. on these lands to supply real needs. It can only produce some small mental satisfaction by the disconnected young people who suffer from the inability to know the difference between reality and digital simulation, or who want to escape reality (which no one can except through death).

[@imtime22]

16:53 i think both simultaneously depending on class. If you're too poor to be able to get off world then you'll be left for virtual world while in hiding from the ecological constraints of existing on the surface of earth. Thus you can live a bleak reality but a lavish virtual reality.

[@edwardhoffenheim3249]

This video seems incomplete.

[@jasonhaven7170]

6:09 They did not inherit or were inspired by Western feudalism. And their systems were very different and sometimes even more complex

[@rca4788]

So badicaly the king of lorderon can give land to the warcief of the hord and then to the kind of stormwind

[@aaronhpa]

you still pay a fee to work, is called "capitalist's benefit" and is measured in EPS.

[@ricardorusso1462]

These obviously ChatGPT generated images you have been using on your latest videos look like shit

[@MyCommentsGetGhosted]

AI generated images cut cost for acceptable quality. If you compare these videos to the old videos on his other channel, or to other KZbinrs of a similar type, the quality is comparable.

[@davegibson79]

Who invented feudalism really depends on your definition. Serfdom was invented by the Roman empire in their dying days. They got into so much debt through government spending and debased their currency (i.e. caused high inflation) so badly that skilled workers were fleeing the Empire to live in 'barbarian' lands where they could prosper more (like how well-educated digital nomads are currently fleeing the high rents of Western cities to live somewhere nice in the developing world). The only way to stop this was for Romans forbid moving away from one's town without authorisation, essentially creating a class of serfs that would become the labour force of fuedalism.

[@xSkyWeix]

I bet there is already digital estste market in EVE online.

[@HowHistoryWorks]

EVE. Where HMW all started!

[@akstoev]

There's even rent.

[@ditm02]

neither lol -Can't accomplish either project without the millions of people needed for either project, all which.... ya, kinda need a home, with an internet connection. oh and some food

[@austingoodrich2193]

OH I AM EARLY EARLY

[@aliali-ce3yf]

never come early

[@LiamNI]

1:07 - isn't Gobekli Tepe older? Or did I fall into some Rogan/Deep State/Alex Jones conspiracy?

[@RahulY-o2m]

Wo how are you

[@RAMZAVFX]

I cant believe you didn't include CSGO (now CS2) skin markets but you mentioned roblox, cmon man. Come correct next time.

[@bmva8263]

Under the golden age of Islam people owned thier house that is 1300 years ago. And i am sure other parts of the world other than Europe people did

[@gendalfgray7889]

I think stone age happens first

[@michaelmallal9101]

NYC is sinking.

[@МихаилКичерман]

"Any farmer ... had to pay for the right to work. Damn!" Ooo, scary old times, we have it so much different nowadays, right? Wrong. If anything, farmers in ancient Egypt paid less percentage for the "right to work" than your are paying now. Majority (from 60% to 85%) of financial value generated by your work - goes to your employer. And yes, even if you are a vloger, youtuber, ticktocker, fooddasherer etc, etc, etc with no apparent boss - this still applies to you (percentage may be different, but payment is still there). If you're running a small to medium business - that still applies to you. If you run a big (and above) business - it doesn't, but you aren't a farmer to begin with. So you are still paying for that right to work on "pharaoh's land".

[@EthansSpace]

Using AI generated Images is so lazy. Also you’re making a false argument that a change from feudal communal owned land to private property was a positive one or a natural progression. The advent of private property just moved the rights of land from one powerful class to another. This is not a history video whatsoever.

[@jasonfabo7126]

capitalism isn't an improvement over feudalism?

[@hitempguy]

His other channel is How Money Works This was a perfectly acceptable history lesson on how real estate has worked over the years. It is intrinsically linked to finance.

[@tomlxyz]

​@@jasonfabo7126 no, it initially actually made society much worse with very long working hours for anyone but the rich and very poor housing conditions for everyone else. It only got better after workers demanded better working conditions but that didn't come naturally out of capitalism and since about the 70s we've had a regression there with deregulations and now people can't afford housing anymore to an increasing extent

[@tomlxyz]

​@@hitempguy this video is interpreting history from a modern standpoint, a common mistake when looking at history, it's making an Interpretation of the past that never was

[@ChromosomeChromosome]

​@@tomlxyz have you read old classics like "les miserables" of victor hugo. To say that capitalism is not an upgrade over feudalism is jaw dropping. Go back working the land you serf and let me enjoy my boat 😅

[@sk8razer]

Hey buddy, turn the background audio *THE FUCK DOWN*

[@HPkobold]

Damm what a Bother

[@yanguhury]

Space is after crypto currency and NFT that are already running.

[@minihunt4093]

Sigh, yeah your early history of land ownership, development of society, farming, and private property is very very skewed at best, completely horrible inaccurate most likely, and horrible bent to ones persepective at worst. Haha 😅

[@nialeemaria]

I think they'll start portioning up the moon before the end of this year, similar to how we handled Antarctica.

[@pyeitme508]

RAD

[@mauricebeck9746]

'promo sm'

[@b1walker]

Uh not true, women in ancient Sparta could own and inherit property (they did and some held considerable power as a result)

[@ChromosomeChromosome]

A lot of socialism drama here😂

[@notabot1798]

This guys voice is AI generated now right?? He straight up reads like he isn’t understanding what he’s saying. Has he always been AI?!

[@HowHistoryWorks]

I am not AI lol

[@DakotaFord592]

​@@HowHistoryWorks beautiful voice!!!

[@rachidmohammed6784]

bro can you tell us how you edit your videos pls