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re: WSJ: Wall Street Has Spent Billions Buying Homes. A Crackdown Is Looming.
Posted on 4/29/24 at 1:15 pm to North Dallas Tiger
Posted on 4/29/24 at 1:15 pm to North Dallas Tiger
quote:
It appears to me there is a fundamental conflict of interests between those who have enjoyed massive boosts in home equity and those trying to enter the homeownership market. So if this legislation becomes a reality, it's bad for the former group's pocketbooks but benefits the latter group.
And as soon as they become homeowners it’ll be bad for them if the govt decides to further limit who can buy homes.
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