46 ms·

Why should real estate have MORE stringent requirements on ownership disclosure than stock ownership?

• tomtheelder 3y ago
  It shouldn’t, but real estate disclosure isn’t the problem there.
• pc86 3y ago
  This is an argument to make stock ownership more public, not to make real estate ownership less public.
• kwhitefoot 3y ago
  Why should stock ownership have LESS stringent requirements on ownership disclosure than real estate?
• j33zusjuice 3y ago
  Funny how often we allow shitty practices in one area because we already allow shittier practices in another. Why not have good policies instead of accepting bullshit all the time?
  • beebmam 3y ago
    Is your argument that everyone's assets should be public information? How do you square this with people interested in blackmail, or abusive families?
    • kyawzazaw 3y ago
      What do you think about Norway's public salary record?
• cykros 3y ago
  Significant stock ownership is pretty public through 8k forms. The SEC doesn't require reporting every trade of a few million dollars because it generally doesn't make a difference anyway. And you CAN access time and sales data in most brokerage platforms to see the size of many of those trades. The big exception there being those done on dark pools. And while perhaps you could argue against dark pools, most would agree that illiquidity is a bad thing in markets. Dark pools do a good job of addressing this allowing for large positions to be massaged into a market they'd otherwise disrupt fairly heavily.