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TallestSkil on scored.co
1 day ago1 point(+0/-0/+1Score on mirror)1 child
>There are tens of thousands of companies that own land in the US. And the ownership of these companies is private.
Have you noticed the recent media push against BlackRock/Vanguard/State Street’s ownership of land? Specifically, certain types of accommodation on that land?
Get ready for an umbrella effect where NO company can own “single family homes.”
I am aware but without going into the weeds this wouldn't apply to the current setup, amd there are other vehicles (trusts, partnerships, etc.) that could work instead of the LLC model. There is not much to be done without nuking most shared-land ownership agreements, which would piss off the population at large and result in legal challenges to the state. See Texas's recent "anti sharia community" legislation.
Have you noticed the recent media push against BlackRock/Vanguard/State Street’s ownership of land? Specifically, certain types of accommodation on that land?
Get ready for an umbrella effect where NO company can own “single family homes.”