New here?
Create an account to submit posts, participate in discussions and chat with people.
Sign up
47
posted 7 months ago by Knight_Of_Saint_John on scored.co (+0 / -0 / +47Score on mirror )
You are viewing a single comment's thread. View all
PolandCanIntoSpace on scored.co
7 months ago 1 point (+0 / -0 / +1Score on mirror ) 1 child
Right - i'm just saying a blanket ban on LLC's owning single-family homes wouldn't be an ideal solution.

With that said, there really isn't a solution anymore. What can you do if corporations already own X number of homes? You can't say no one else can buy from now on because they the ones that already own properties like that have a competitive advantage. You can't force them to sell either because the government would be responsible for potential loses + forcing a fire-sale by blackrock would fuck the housing market by dropping prices like crazy (which would of course also affect a normal family selling their house to upsize/downsize/whatever).
NiggerWithAForklift on scored.co
7 months ago 0 points (+0 / -0 ) 1 child
Dont think he said that, he said companies that have more than $500B in asset management.
PolandCanIntoSpace on scored.co
7 months ago 0 points (+0 / -0 )
Kirk said $500B, the other guy in the video said just corporations in general.
Toast message