A California lawmaker says corporate landlords are part of the state’s housing crisis and wants to limit them to owning no more than 1,000 single-family homes.
This is going to create some MLM shit. “We’ll invest in you to invest in these 1000 properties.” They’ll find a way to leave those individuals saddled with all the risk but can pull their money out whenever they like.
Why would they do that when they can just register a shell company for every 1000 properties? Companies are legal fictions and can be created whenever needed.
This is going to create some MLM shit. “We’ll invest in you to invest in these 1000 properties.” They’ll find a way to leave those individuals saddled with all the risk but can pull their money out whenever they like.
Why would they do that when they can just register a shell company for every 1000 properties? Companies are legal fictions and can be created whenever needed.