FenrirIII@lemmy.world to politics @lemmy.world · 2 months agoThe Stop Wall Street Landlords Act has been introduced in Congress by Rep. Ro Khanna. The bill would raise taxes on the purchase of single family homes by private equity and corporations.www.notus.orgexternal-linkmessage-square59fedilinkarrow-up1684arrow-down12file-textcross-posted to: housing_bubble_2@lemmy.world
arrow-up1682arrow-down1external-linkThe Stop Wall Street Landlords Act has been introduced in Congress by Rep. Ro Khanna. The bill would raise taxes on the purchase of single family homes by private equity and corporations.www.notus.orgFenrirIII@lemmy.world to politics @lemmy.world · 2 months agomessage-square59fedilinkfile-textcross-posted to: housing_bubble_2@lemmy.world
minus-squareLemming6969@lemmy.worldlinkfedilinkarrow-up2·2 months agoThen they cannot rent it… They could offset with wages. This prevents abuse to rent to anyone else.
minus-squareSirEDCaLot@lemmy.todaylinkfedilinkarrow-up1·2 months agoHow about, corporations can own single-family homes, but can only provide them for use by their employees or contractors, not rent them out on the open market and if they sit vacant for more than a couple of months there is some huge tax or fine?
Then they cannot rent it… They could offset with wages. This prevents abuse to rent to anyone else.
How about, corporations can own single-family homes, but can only provide them for use by their employees or contractors, not rent them out on the open market and if they sit vacant for more than a couple of months there is some huge tax or fine?