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 · 2 months 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.

orcrist@lemm.ee · 2 months ago

Your analysis is missing half the story. This setup would encourage local property ownership. They would undercut the corporations. We might see increased competition and therefore lower prices as a result.

I agree with you, though. A strong solution is better.

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