Governor Newsom unveiled a crackdown on large corporations that buy up single-family homes the same week President Trump announced a similar move.

  • JustKeepStretching@lemmy.world
    link
    fedilink
    arrow-up
    6
    ·
    5 hours ago

    Good God. I mean, something is better than nothing but what the fuck?

    They shouldn’t be able to own single family homes ful stop.

    People love to talk about the fact that Corp pandlords only account for 3-5 percent of all homes while ignoring the fact they they were purchasing 20-30 percent of single family homes over the last 6 years and it was hyper concentrated in the fastest growing suburban areas.

    Tighter restrictions would have a fucking huge impact on prices