Wall Street has spent billions buying homes. A crackdown is looming

Discussion in 'Current Events' started by sec, Apr 30, 2024.

  1. sec

    sec Well-Known Member

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    https://www.foxbusiness.com/markets/wall-street-spent-billions-buying-homes-a-crackdown-is-looming

    HYPERLINK has full article

    Democrats in the U.S. Senate and House have sponsored legislation that would force large owners of single-family homes to sell houses to family buyers. A Republican’s bill in the Ohio state legislature aims to drive out institutional owners through heavy taxation...........

    Close to equal numbers of voting-age Republicans and Democrats said they would support a measure to block Wall Street firms from buying homes, according to a new study funded by the University of California, Santa Barbara, and the Manhattan Institute, a conservative think tank. The study gauged opinion from 5,000 renters and homeowners in urban and suburban ZIP Codes.


    end snip

    Once again, our elected officials show their ignorance of the Constitution. This is not even close to their duties as elected officials.

    Next, there is no GUARANTEE that you can afford to rent or buy a home where ever you darn want to.

    This just goes to show you that while DC plays us for fools with their silly divisive talking points supported by the complicit media, our eyes are off of the ball with respect to their urinating all over the Constitution. Oh, who wants to take the unpopular, yet correct stance that NOBODY is entitled to rent or own a home
     
    roorooroo likes this.

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