It's always a hazard to make any long-term predictions, and they are generally wrong.
However, there is value to making a statement of "...if things don't change..."

Watch this segment on how private equity firms and large Wall Street capital are turning the whole country into impoverished renting-serfs who own nothing -- with @emeriticus, said to be on the far right -- and tell me where else on television one would hear this discussion: https://t.co/TxrOTib6Ej

— Glenn Greenwald (@ggreenwald) June 12, 2021

It's no secret that big Wall Street money is squeezing the working class out of the housing market.
But to give you an idea of just how much influence it is having consider this example.

In one example, a bidding war broke out over a D.R. Horton complex in Conroe, Texas - after the homebuilder put the entire subdivision up for sale. After a "Who's Who of investors and rental-home firms flocked to the December sale," the winning bid of $32 million came from an online property-investment company, Fundraise LLC, which manages over $1 billion for around 150,000 individuals, according to the Wall Street Journal.

D.R. Horton ended up booking roughly twice what it typically makes selling houses to middle-class homebuyers according to the report.
"We certainly wouldn’t expect every single-family community we sell to sell at a 50% gross margin," said CEO Bill Wheat at a recent investor conference.

Thread.

Blackrock is buying every single family house they can find, paying 20-50% above asking price and outbidding normal home buyers. Why are corporations, pension funds and property investment groups buying...https://t.co/uTagTOQQgI

— CulturalHusbandry (@APhilosophae) June 9, 2021

Wealth in this world has never been more concentrated than it is now, and rarely has the ruling elite been more greedy and rapacious.

Which brings me to the video below.
I think this guy is amoral in his delivery, but he's also educated, logical and realistic.

People generally think of the pre-1776 world as a place of dictators in the form of kings.
In reality wars before the 17th Century were almost always privatized affairs. Where the large landlords held power over the kings because the kings usually had to borrow the personal armies of the lords to go to war.
If you look at the failed states of the modern era, such as Afghanistan and Somalia, you will see plenty of warlords. Where do you think they came from? They weren't all Conan the Barbarian.
They were large landlords who could hire mercenaries to protect their property when the country fell apart, and then later made the logical decision to take over their neighbor's land when there was no one to stop them.

Our military has been so privatized that it couldn't function without these outside companies. The Pentagon doesn't even know how many private security contractors it has hired. That's even before we talk about the many mercenary companies of the world.

Mozambique is fighting and winning a civil war almost entirely with mercenaries. We appear to be on the cusp of a new trend.

The involvement of private contractors is reminiscent of some other recent coup attempts, including the 2004 “Wonga Coup,” in which a group of South African mercenaries financed by Margaret Thatcher’s son attempted to overthrow the government of Equatorial Guinea, and last year’s “Bar of Piglets” fiasco in which a former Green Beret-turned-security contractor mounted a ludicrously unsuccessful invasion of Venezuela. In Haiti, the contractors got much closer to achieving their goal: They killed Moïse, though it’s not really clear what step 2 was supposed to be.

Now just imagine if Gates or Bezos wanted to hire a mercenary army to overthrow a regime. If not one of them, how long until a billionaire does decide to simply take the logical next step, like so many warlords in history?