3 ms·
I don’t understand how this is a good solution for housing affordability. It seems a lot like saying some parties should not be able to invest in stocks becaus
by steve-atx-7600 7mo ago
I don’t understand how this is a good solution for housing affordability. It seems a lot like saying some parties should not be able to invest in stocks because it might adversely affect someone elses retirement income. The down side to these kinds of approaches is less market efficiency.
This legislation seems like political theater considering the low rate of corporate investor ownership of residence real estate. https://econofact.org/factbrief/do-private-equity-firms-own-20-of-single-family-homes https://econofact.org/factbrief/do-private-equity-firms-own-... .
Government regulation is important but why not start by identifying the most influential factors behind home prices.