Despite rhetoric that glorifies the free market as the guarantor of ownership rights, late stage capitalism is marked by a concentration of ownership. As wealth flows toward the owner class, the working class becomes less able to acquire ownership rights in property and durable goods. Where a professional class family might have owned their home in a prior generation, their late stage descendents find themselves doomed to tenancy. Possessions of significant value become inaccessible outside of lease or subscription. Ownership narrows in the late stage because capitalism chiefly invents means to extract further capital from resources and transactions. As processes are fragmented and outsourced, opportunities for rents appear at points of transaction, expanding the set of facilitators obstruct what might otherwise be a frictionless process in order to extract rents from both sides. In the tenant society, consumers pay for the privilege of use but remain empty handed.