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re: WSJ: Wall Street Has Spent Billions Buying Homes. A Crackdown Is Looming.
Posted on 4/29/24 at 2:44 pm to stout
Posted on 4/29/24 at 2:44 pm to stout
quote:
The bills in the House and Senate would cap rental-home ownership at no more than 50 homes for many companies, requiring them to sell off any more they already own. A bill in Minnesota, meanwhile, would limit ownership to 20 homes.
This does nothing. They'll just setup multiple LLC companies and carry on as they do now.
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