The Stop Wall Street Landlords Act has been introduced in Congress by Rep. Ro Khanna. The bill would raise taxes on the purchase of single family homes by private equity and corporations. - eviltoast
Ro Khanna Goes After Wall Street Landlords to Address Rising Home Prices
www.notus.org
Khanna introduced a bill on Tuesday going after private equity investors who have been buying up homes as speculative investments.
  • comador @lemmy.world
    6·
    14 days ago

    I didn’t downvote you for your response, but also didn’t feel the need to explain it further.

    To add to it however, a proposed bill in Minnesota’s Senate would ban the conversion of single-family ownership housing into rental housing.

    In the US Congress, legislation has also been introduced to prohibit hedge funds from owning single-family homes.

    Progress is slow, but it’s happening.

    • thefartographer@lemm.ee
      31·
      14 days ago

      You’re making very valid points and I appreciate your optimism. I’m just being a sarcastic, salty little baby about shit cuz I’m in a mood about all this.