The 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.

FenrirIII@lemmy.world · 2 days ago

The 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.

ByteJunk@lemmy.world · 3 hours ago

I can’t follow your reasoning. If companies cannot own houses, how do you propose this shell-ownership would work? Wouldn’t the owner just be free to sell the house at any time and pocket the cash for themselves?

As for tax evasion by foreigners that own real estate, I mean how is that even a problem? There’s millions of foreigners that do business in the US everyday, plus, these ones have actual immovable assets that can be seized…

The 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.

The 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.

Ro Khanna Goes After Wall Street Landlords to Address Rising Home Prices