New Legislation Proposes to Take Wall Street Out of the Housing Market - eviltoast
A bill introduced in the House and Senate would prevent hedge funds from owning single-family houses in the United States.
  • 👁️👄👁️@lemm.eeEnglish
    392·
    11 months ago

    If we actually had a democracy, there would be a total of 0 people against this. It’s so incredibly unfavorable to want corporations to buy houses for profit.

    • vinhill@feddit.de
      8·
      11 months ago

      There are people profiting from this either by owning the investment firms e.g. through stocks or by working in them in highly paid positions. In a democracy, the majority might be for such a law, but certainly not everyone.