Why do the banks own America and western Europe??
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"Help you" ? That's not how banks work. The whole economy is built around debt. That's not a charitable arrangement. It's an exploitative one. In real estate, for example, the costs are prohibitive for a vast majority of people to buy a home without going into debt. The whole market is shaped so banks get their cut.
Nobody said it's a charitable arrangement, but things won't magically become cheaper. They help you make up the difference between what you have and what you need, and in return, they get a profit based on the calculated risk of default.
The fantasy land of people lending out money without interest is based on nothing. No sane person will lend money to random people with no benefit to themselves, while they shoulder all the risk. This is why banks exist, they take the risk, and the number of transactions mitigates risk of defaults in normal circumstances, because the profits can write off around 2-3% of bad lending.
2008 happened because of encouragement to banks to take on low-grade borrowers who were highly likely to default, and automated risk systems that calculated them as safe.
Real estate prices increased because the wealthy bought in to diversify their holdings. Nearly all fund managers recommended hard assets at the beginning of 2022. It pushed the demand even higher, while supply was lowering due to material costs.
What you need is prohibitively expensive thanks to this system. You ignored that point in my comment.
Real estate wasn't cheap before 2022, and even your excuse is a flaw in the system. Huge swathes of the population must be priced out of the real estate market to accommodate the other, riskier debts.
I'm just going to repeat this. You don't seem to get it. If you got rid of banks, something operating on the same principles would appear.
The entire idea is broken, there's no need to argue it.
You'd love communism. Each person gets one room and absolutely nothing more than they need.
What's the alternative? You don't have banks, so now only the rich can afford homes and...oh, now you're back to feudalism.
I never said I wanted to get rid of banks entirely. I don't want a debt/usury based economy.
There is no reason to think it's inevitability that you pay interest to parasites to buy anything worth buying.
Buying homes for their real value instead of their plus a bunch of parasitic interest.
We are on the road to an even worse neo-feudalism now. The investor class whose dicks you can't get out of your mouth are the ones pushing the "you will own nothing and be happy" bullshit. But I get it. You have stonk investments. You tied your future to theirs so you must defend "line go up" ideology at all costs, even though those people are the ones pushing feminism as well.