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Message
re: WSJ: Wall Street Has Spent Billions Buying Homes. A Crackdown Is Looming.
Posted on 4/29/24 at 1:17 pm to deltaland
Posted on 4/29/24 at 1:17 pm to deltaland
quote:
Investment groups will just create one holding company that will hold several different LLCs that own 50 homes each
You can't just get around it that way. This is essentially anti-trust territory and if that was a loophole, it'd be done everywhere all the time in every industry. Lina Khan don't play that shite.
1
Posted on 4/29/24 at 1:22 pm to CatfishJohn
The market and the people will always rectify a situation more quickly and efficiently, with less collateral damage, than the government.
It will work itself out, people have just become conditioned to think that they should be able to have access to whatever they want whenever they want it. We've had massive population shifts over the past 5-10 years and things just need to catch up with the moves. There are lots of places where homes aren't super overpriced.
It will work itself out, people have just become conditioned to think that they should be able to have access to whatever they want whenever they want it. We've had massive population shifts over the past 5-10 years and things just need to catch up with the moves. There are lots of places where homes aren't super overpriced.
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