FenrirIII@lemmy.world to politics @lemmy.world · 28 days 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-square14fedilinkarrow-up1455arrow-down11file-textcross-posted to: housing_bubble_2@lemmy.world
arrow-up1454arrow-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 · 28 days agomessage-square14fedilinkfile-textcross-posted to: housing_bubble_2@lemmy.world
minus-squaresomeguy3@lemmy.worldlinkfedilinkarrow-up40arrow-down4·edit-228 days agoRaise taxes? They’ll just pass the cost on to the renters. We need to forbid then from buying houses.
minus-squarereddit_sux@lemmy.worldlinkfedilinkarrow-up14·28 days agoYes beyond a limit that property would be unrentable due to high rent. Then since the property owner still would have to pay taxes on the property he might sell it. That is if the law is properly worded and properly applied.
Raise taxes? They’ll just pass the cost on to the renters. We need to forbid then from buying houses.
Yes beyond a limit that property would be unrentable due to high rent. Then since the property owner still would have to pay taxes on the property he might sell it.
That is if the law is properly worded and properly applied.