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News@lemmy.world • 7 months ago

New Legislation Proposes to Take Wall Street Out of the Housing Market

www.nytimes.com

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New Legislation Proposes to Take Wall Street Out of the Housing Market

www.nytimes.com

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News@lemmy.world • 7 months ago

A bill introduced in the House and Senate would prevent hedge funds from owning single-family houses in the United States.

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@_number8_@lemmy.world
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24•7 months ago
why were they ever allowed to do this? why should the system allow you to gamble on houses?
- @girlfreddy@sh.itjust.works
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  7 months ago
  Because they saw an opportunity to fuck America again after imploding Wall St in 2007-08.
  
  Rampant unfettered capitalism only cares about the money they can make, never about the people’s lives they destroy.

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