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What was so marvellous to Benjamin about this goofy, eternally hovering angel with hair that looks like paper scrolls, aerodynamically hopeless wings and googly if rather melancholy eyes? “This,” he wrote in one of his greatest essays, “is how one pictures the angel of history.”

The housing market has in recent years become one of the central pillars of global financial capitalism. That has happened over the entire world — in a variety of ways. By abolishing all prospects of social housing, countries have propelled these processes. Thus the purchase of property on credit has prevailed as the only means of gaining access to housing.