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.

FenrirIII@lemmy.world · 1 day ago

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.

SirEDCaLot@lemmy.today · 12 hours ago

There are a few, limited, cases where they should be able to. For example, if they have operations in an area that has frequent medium term employees coming in and out. It’s valid for them to say we will offer you a house for the time you are here. But I would generally agree there is no reason for an investment company to be investing in single-family homes. It’s good for the investment company, bad for society.

orcrist@lemm.ee · 1 hour ago

In that situation they could buy a condo, for example.

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.

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.

Ro Khanna Goes After Wall Street Landlords to Address Rising Home Prices