FenrirIII@lemmy.world to politics @lemmy.world · 2 months agoThe 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.www.notus.orgexternal-linkmessage-square59fedilinkarrow-up1684arrow-down12file-text
arrow-up1682arrow-down1external-linkThe 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.www.notus.orgFenrirIII@lemmy.world to politics @lemmy.world · 2 months agomessage-square59fedilinkfile-text
minus-squarereddit_sux@lemmy.worldlinkfedilinkarrow-up23·2 months agoYes beyond a limit that property would be unrentable due to high rent. Then since the property owner still would have to pay taxes on the property he might sell it. That is if the law is properly worded and properly applied.
Yes beyond a limit that property would be unrentable due to high rent. Then since the property owner still would have to pay taxes on the property he might sell it.
That is if the law is properly worded and properly applied.