@SeattleRainM to Housing Bubble 2: Return of the Ugly English • edit-25 months 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-square28arrow-up1419arrow-down14cross-posted to: politics
arrow-up1415arrow-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.org@SeattleRainM to Housing Bubble 2: Return of the Ugly English • edit-25 months agomessage-square28cross-posted to: politics
minus-square@[email protected]linkfedilinkEnglish54•5 months agoRaise taxes? Make it fucking illegal for a corporation to own a single family home.
minus-square@HeyThisIsntTheYMCAlinkEnglish6•5 months agoSo long as trusts can still own homes I’m good.
minus-square@DerArztlinkEnglish3•5 months agoBut corporations are people, do you not want people to own homes?
minus-square@johannesvanderwhaleslinkEnglish-2•5 months agoThat would make things pretty hard for builders.
minus-square@brygphilomenalinkEnglish5•5 months 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.
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But corporations are people, do you not want people to own homes?
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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.