SeattleRain@lemmy.worldM to Housing Bubble 2: Return of the Ugly @lemmy.worldEnglish · edit-212 days agoThe Stop Wall Street Landlords Act has been introduced in Congress by Rep. Ro Khanna. The bill would raise taxes on the purchase of single family homes by private equity and corporations. www.notus.orgexternal-linkmessage-square33fedilinkarrow-up1418arrow-down14cross-posted to: politics@lemmy.world
arrow-up1414arrow-down1external-linkThe Stop Wall Street Landlords Act has been introduced in Congress by Rep. Ro Khanna. The bill would raise taxes on the purchase of single family homes by private equity and corporations. www.notus.orgSeattleRain@lemmy.worldM to Housing Bubble 2: Return of the Ugly @lemmy.worldEnglish · edit-212 days agomessage-square33fedilinkcross-posted to: politics@lemmy.world
minus-squaretabularasa@lemmy.calinkfedilinkEnglisharrow-up54·13 days agoRaise taxes? Make it fucking illegal for a corporation to own a single family home.
minus-squareHeyThisIsntTheYMCA@lemmy.worldlinkfedilinkEnglisharrow-up6·13 days agoSo long as trusts can still own homes I’m good.
minus-squareIlluminostro@lemmy.worldlinkfedilinkEnglisharrow-up5·12 days agoOr a hedge fund, or a private equity fund, or a Russian or Arab oligarch…
minus-squareDerArzt@lemmy.worldlinkfedilinkEnglisharrow-up5arrow-down2·12 days agoBut corporations are people, do you not want people to own homes?
minus-squareIlluminostro@lemmy.worldlinkfedilinkEnglisharrow-up2·12 days ago“But, tell me, Mr. Romney, why do they not face the same consequences as a private citizien? Do you still work with Bane…?”
minus-squarejohannesvanderwhales@lemmy.worldlinkfedilinkEnglisharrow-up1arrow-down3·12 days agoThat would make things pretty hard for builders.
minus-squarebrygphilomena@lemmy.worldlinkfedilinkEnglisharrow-up5·12 days agoYea, but something that could be easily worked around. Corporations must list single family dwellings for sale within X amount of time construction completes. Corporations are forbidden from renting out single family dwellings.
Raise taxes? Make it fucking illegal for a corporation to own a single family home.
So long as trusts can still own homes I’m good.
Or a hedge fund, or a private equity fund, or a Russian or Arab oligarch…
But corporations are people, do you not want people to own homes?
“But, tell me, Mr. Romney, why do they not face the same consequences as a private citizien? Do you still work with Bane…?”
That would make things pretty hard for builders.
Yea, but something that could be easily worked around. Corporations must list single family dwellings for sale within X amount of time construction completes. Corporations are forbidden from renting out single family dwellings.