- cross-posted to:
- news
- housing_bubble_2
- cross-posted to:
- news
- housing_bubble_2
The rank breathless naïveté exhibited by the vast majority of American journalists for at least the last decade is just… so deeply disappointing. This has a snowball’s chance in hell, and everyone knows it.
Price fixing and collusion is one problem. Allowing hedge funds to buy up large amounts of all available housing is another. Two of them joined together to become a conspiracy. How about you focus on that, and force them to divest the grip they have on US real estate instead of just trying to get the bad actors to stop what they’ve already accomplished?
Also, that report says $90-130 per month was the padding RealPage put on prices? I call bullshit on that. Rents jumped 100-250% in all major markets in just a few years, and RealPage was already found to be involved in all that. Nobody cares about $130/mo when your rent is $2k-4k.
No bill introduced by a Democrat has a Snow ball’s chance in hell for the next four years minimum. If we’re lucky. And we’re not.
Let me hope for two years minimum. I have a small, not quite dead, ember of hope that mid-terms will be similar to his first term.
Lmao. Never going to happen.
They are going to ask a landlord to sign a bill that limits how much rent a landlord can charge?
It’s a microcosm of the entire state.