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re: WSJ: Wall Street Has Spent Billions Buying Homes. A Crackdown Is Looming.
Posted on 4/29/24 at 10:56 am to CatfishJohn
Posted on 4/29/24 at 10:56 am to CatfishJohn
So what can a corporation own? Apartments? What about farms? What about fishing boats? What about empty lots?
Who makes a new development? Don’t allow companies like Horton to develop neighborhoods anymore?
Where does all this start and stop?
If interest rates weren’t so high, no one would be complaining about corporations owning single family homes because they could afford more. The real issue is just that people got used to low interest rates.
There were plenty of times in the 80s and 90s that interest rates prevented home ownership also and corporations weren’t to blame then.
Who makes a new development? Don’t allow companies like Horton to develop neighborhoods anymore?
Where does all this start and stop?
If interest rates weren’t so high, no one would be complaining about corporations owning single family homes because they could afford more. The real issue is just that people got used to low interest rates.
There were plenty of times in the 80s and 90s that interest rates prevented home ownership also and corporations weren’t to blame then.
Posted on 4/29/24 at 11:07 am to baldona
quote:
So what can a corporation own? Apartments? What about farms? What about fishing boats? What about empty lots?
Who makes a new development? Don’t allow companies like Horton to develop neighborhoods anymore?
Where does all this start and stop?
You're making a strawman. It literally stops at freestanding single family homes.
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