New Legislation Proposes to Take Wall Street Out of the Housing Market - eviltoast
  • paddirn@lemmy.world
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    11 months ago

    I was just saying that as I was about to send my 6-year old out to the corner store to go buy some cigarettes for me, since our free market hasn’t imposed any restrictions on that transaction.

    Or if you look at the housing market specifically, in my area at least, I can’t buy a second home in the same area as an individual. I can buy investment properties that I’d need to rent out, but I’m forbidden from owning a second residence for myself.

    State, Local, and Federal lawmakers are constantly proactively prohibiting bad scenarios. And in this case, it wouldn’t even be proactive, it’s literally something that’s going on right now that needs corrected.

    Homes are for people.