
"Abolish Rent" reveals how tenants can revolutionize the housing crisis through collective action. Endorsed by Ruth Wilson Gilmore, this manifesto from LA Tenants Union co-founders sparked nationwide debate by asking: What if rent strikes across America could transform housing from commodity to community?
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Over 100 million Americans wake up every month knowing that a single missed payment could mean losing their home. This isn't hyperbole-it's the quiet terror that shapes millions of lives. Housing has become the most valuable asset class on Earth, worth $258.5 trillion in the US alone, surpassing all global stocks and bonds combined. Yet this staggering wealth hasn't produced more homes-it's produced more homelessness. Empty luxury towers stand blocks away from tent encampments, not by accident but by design. The housing crisis isn't broken; it's working exactly as intended. What if the problem isn't just affordability but the very idea that shelter-a basic human need-should generate profit for those who hoard it?