We're never going to erase class in any capitalistic system so the best you can do is put up some basic guard rails and let the market do what it does.  

(My profile photo is actually me on a boat going across the Adriatic Sea from Brindisi, Italy to Greece) The north and south seem to be different in their views of business, as the south are more relaxed and the north, so I've been told, are more capitalistic.

He is very capitalistic and has no real corporate values.

Alas, this scenario didn't last very long, as you would expect in a free market capitalist society -- new money flood in, more STRs in supply, property prices increase, STR incomes decrease, until a new equilibrium is achieved.Nowadays, the word STR is being used to describe both the property and the business.

And so the cycle continues, and the standard of living in capitalist societies steadily improves... at least in markets where new construction is allowed.

I think one of the reasons BiggerPockets has lost some of its popularity is due to the concerns you've mentioned.Don't listen to any of the capitalist counter-arguments posed here, you are not wrong in the things you're saying. 

were you up on Sand Hill Road meeting with all the big time venture capitalist investors :) ?

This is America, capitalist, not Russia, communist.

Those that are inclined to socialistic views are very much in favor of taking away owner’s property rights in comparison to those that are ambitious and have a capitalistic mindset. 

Since nobody has posted on this thread for almost one month, I will provide some of my personal thoughts.If by wholesaling we actually mean “flipping”, that is buying or tying up a property and then almost immediately reselling that property for a profit, then wholesaling will NEVER be dead as long as we have even a semblance of a capitalist system.