4 ms·
Make home ownership and renting them back to single families by corporations illegal. Seriously. It's the corporations doing ALL this. The people don't have the
by bsenftner 2y ago
Make home ownership and renting them back to single families by corporations illegal. Seriously. It's the corporations doing ALL this. The people don't have the money.
- baal80spam 2y ago> It's the corporations doing ALL this. The people don't have the money. Maybe it's like that in America. In EU, where the investment 'culture' is different, there are hordes of people not knowing what to do with their money and buying homes only to sell them at a higher price (flippers). Case in point: Poland, where the housing market is quite bonkers - especially in big cities.
- criddell 2y agoIf you buy a second home as an investment property and plan to rent it out to a single family, your accountant and lawyer will probably recommend you form a corporation to operate under. Just having a flat rule against corporations owning property will likely reduce the number of rentals available and a reduced supply will lead to higher prices.