One of the greatest things Theodore Roosevelt did when he was President was to bust monopolies.
“ You will own nothing and you will be happy”. The left is determined to destroy the middle-class in the USA
Once corporate landlords buy a house, it will always be for rent. It will very rarely go up for sale. The quality of families that rent often lowers the value of the rest of the homes. YMMV
Just half of one percent of the single family homes in the US. And just one-third of one percent of all US occupied dwelling units.
This conspiracy theory dies hard. And this is one of the dumbest posts here in a long time.
If a corporation wants to live in a house, then they should be allowed to buy a house. But if they don’t plan on living there, then allow REAL FAMILIES to by that house.
SOOOOOO-—WHICH GROUP KEEPS CALLING ME & ASKING IF I WANT TO SELL MY HOUSE?
I HAVE YET TO GET A CALLER WHO LEARNED ENGLISH AS HIS FIRST LANGUAGE....
Deep State doesn’t like competition.
Enjoy your Sec 8 crime and drug infested hovels.
Don’t overpay for waterfront property:
https://www.crystal-lagoons.com/
Solar panels are getting so cheap the rich could microclimate many new exclusive areas in the USA - resistance heating to warm - AC to remove humidity.
just another way to put the heel of the corporate boot on the necks of Americans. Just make it so conglomerates can’t own family homes, thus they can’t compete with individual home owners. Yeah, that’s not free enterprise but neither is what we have going on right now in the housing industry.
>> Members of Congress have introduced bills to force the largest institutional investors to dramatically cut their holdings.
Good. It’s not free market capitalism to hold the aspiring homeowner hostage to rental agreements by amassing residential properties.
Something like this happened in my mother’s neighborhood. Within an hour of any house going up for sale it was sold, cash, site unseen. Within a couple years houses were selling four times higher .
Local zoning can fix this….allow only owner-occupied single family housing
Also you have rich Chinese buying up houses driving the prices up.
I used to flip houses and then sell them to individuals, and the corporations and REITs ruined the game for everyone but themselves. I stopped flipping in 2018 when the price of buying AT AUCTION was higher than the resale value of the house, without even taking into consideration renovation costs or acquisition, debt service and selling costs. I would support this legislation.