Started By
Message

re: What should be done about investors buying up homes?

Posted on 5/20/24 at 9:20 am to
Posted by LSUnation78
Northshore
Member since Aug 2012
12114 posts
Posted on 5/20/24 at 9:20 am to
Homes and farm land.


Two things that should only be owned by an entity who can occupy/work them.

Posted by ChexMix
Taste the Deliciousness
Member since Apr 2014
25494 posts
Posted on 5/20/24 at 9:35 am to
quote:

Two things that should only be owned by an entity who can occupy/work them.
frick that. If i want to have farm land and keep it fallow, thats my choice. If I want to buy three homes and only live in one, thats my choice.

Now if you want to limit these investors, change the tax code to disincentivize owning more than X number of homes or limit the number of homes you can claim rental income from to X. This would put a cap on it
Posted by DisplacedBuckeye
Member since Dec 2013
73532 posts
Posted on 5/20/24 at 10:33 am to
quote:

Homes and farm land.

Two things that should only be owned by an entity who can occupy/work them.


Nah, frick that.
Posted by tigerpawl
Can't get there from here.
Member since Dec 2003
22474 posts
Posted on 5/20/24 at 10:47 am to
quote:

Two things that should only be owned by an entity who can occupy/work them.
Enforcement
Posted by Penrod
Member since Jan 2011
40224 posts
Posted on 5/20/24 at 10:48 am to
quote:


Homes and farm land.


Two things that should only be owned by an entity who can occupy/work them.

Complete commie bullshite. Never in the history of the world has this ever been the case, but you think it's axiomatic.

BTW, 19,000 homes out of a total of 2.4 million is 0.8%. Why is it a problem that less than 1 in 100 homes is owned by these companies?
This post was edited on 5/20/24 at 10:51 am
Posted by HubbaBubba
F_uck Joe Biden, TX
Member since Oct 2010
45972 posts
Posted on 5/20/24 at 6:42 pm to
quote:

Homes and farm land.


Two things that should only be owned by an entity who can occupy/work them.
There's nothing wrong with buying your own home and someday moving out and buy another house, but rent your original home, and then after a while, do the same. But corporations thwarting potential private-party home buyers from having a chance to buy a home is ludicrous.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram