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.

Trainguyrom@reddthat.com · 2 months ago

Worth noting that private equity only owns a very small percentage of homes in the country so while this would have impact, it’s not going to change house prices, it simply might make the line take slightly longer to go up. What will impact housing affordability is simply building more housing. Eliminate single family zoning and replace it with a residential-compatible zoning that allows for quadplexes, ADUs and quiet businesses.

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