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SeattleRain@lemmy.worldM to Housing Bubble 2: Return of the Ugly @lemmy.worldEnglish ·
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10 months ago

The 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.org

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The 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.org

SeattleRain@lemmy.worldM to Housing Bubble 2: Return of the Ugly @lemmy.worldEnglish ·
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10 months ago
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Ro Khanna Goes After Wall Street Landlords to Address Rising Home Prices
www.notus.org
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Khanna introduced a bill on Tuesday going after private equity investors who have been buying up homes as speculative investments.
  • tabularasa@lemmy.ca
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    10 months ago

    Raise taxes? Make it fucking illegal for a corporation to own a single family home.

    • LousyCornMuffins@lemmy.world
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      10 months ago

      So long as trusts can still own homes I’m good.

    • Illuminostro@lemmy.world
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      10 months ago

      deleted by creator

    • DerArzt@lemmy.world
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      10 months ago

      But corporations are people, do you not want people to own homes?

      • Illuminostro@lemmy.world
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        10 months ago

        deleted by creator

    • johannesvanderwhales@lemmy.world
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      10 months ago

      That would make things pretty hard for builders.

      • brygphilomena@lemmy.world
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        10 months ago

        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.

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