"We have seen corporate landlords—who own a larger share of the rental market than ever before—use inflation as an excuse to hike rents and reap excess profits beyond what should be considered fair and reasonable."
While that may be, companies should not be able to have a stronghold on what should be considered a basic human need. Housing is already in pretty short supply, and it’s worsened by the fact that these companies buy a considerable chunk of this short supply and then turn the purchased properties into rentals.
“Buying one home and charging 4x as much for it” is the actual problem, but I suppose you have your head in the sand by default when the large boot of capitalism is on your neck.
The idea being proposed here doesn’t outlaw renting, only corporate ownership of residential property. It means that the people you’re renting from are human beings who will eventually die and either be estate taxed or the house will be sold, rather than a corporation who owns your property until they go bankrupt or until the sun explodes.
A) 100% death tax on all money over 100,000,000.00 at time of death.
B) Closing loopholes that allow hiding that kind of money in unnecessary corporate assets or non-charitable trusts.
C) Cracking down on what qualifies as a charitable trust. Want to leave that money to trust that makes the world better, better have numbers to prove it or it gets disolved automatically into other more effective charities.
That is a bad idea as owning a house isn’t right for everyone.
While that may be, companies should not be able to have a stronghold on what should be considered a basic human need. Housing is already in pretty short supply, and it’s worsened by the fact that these companies buy a considerable chunk of this short supply and then turn the purchased properties into rentals.
“buying one home and turning it into 4 home reduces the amount of homes” and other fun takes.
“Buying a house and renting it out to families that were wanting to buy it outright in the first place” FTFY
Oh I’m sorry, do 4 families generally get together and purchase a house as a collective?
People buy parts of buildings all the time. They’re called condos and multiplexes.
“Buying one home and charging 4x as much for it” is the actual problem, but I suppose you have your head in the sand by default when the large boot of capitalism is on your neck.
Strong disagree. People having homes where they otherwise would not is a feature, not a bug.
If you want prices down, you must increase supply
The idea being proposed here doesn’t outlaw renting, only corporate ownership of residential property. It means that the people you’re renting from are human beings who will eventually die and either be estate taxed or the house will be sold, rather than a corporation who owns your property until they go bankrupt or until the sun explodes.
Bingo. A lot of current problems get better by:
A) 100% death tax on all money over 100,000,000.00 at time of death. B) Closing loopholes that allow hiding that kind of money in unnecessary corporate assets or non-charitable trusts. C) Cracking down on what qualifies as a charitable trust. Want to leave that money to trust that makes the world better, better have numbers to prove it or it gets disolved automatically into other more effective charities.
So corps pay higher taxes on property vs sole owners?
Fuck you you shouldn’t own a goddamn thing with that mentality.
You bootlickers are the reason shit is bad and was always bad.
Removed by mod
Solid intelligence response there
Parse their response, instead of just the tone. That person’s mad and sad both at how tough living has become.
We’ve all had that one lazy piece of shit roomate that never cleans up after himself and I bet it’s him.
Lol no one gets forced to buy one just because prices become realistic, wth