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Started By
Message
re: Executive Order banning Big Wall Street from buying up single-family homes
Posted on 5/11/26 at 8:32 pm to Stealth Matrix
Posted on 5/11/26 at 8:32 pm to Stealth Matrix
quote:
Conservatives about to be defending socialism again
FIFY.
2
Posted on 5/11/26 at 8:33 pm to RelicBatches86
Poor wittle tittay baby can't afford no house. Does it need mommy to make it a sugar tit.
Posted on 5/11/26 at 8:36 pm to SlowFlowPro
quote:Is it your opinion investment funds should be able to buy the houses?
Just like MAGA will be defending government manipulation of free markets With populists, expect populism.
It’s seems bad. And all I’ve heard is that it is bad. But I’ve never done any research on it.
Posted on 5/11/26 at 8:47 pm to Ailsa
What defines an investment firm?
What if a group of me and my friends decides to buy some rental properties as secondary income?
Very slippery slope and if it’s such a good fool proof idea get congress to pass a law. Not some EO that will get killed once a lobbyist buys someone off.
To be clear Im not in favor of blackrock and the like. I want stronger protections not less
What if a group of me and my friends decides to buy some rental properties as secondary income?
Very slippery slope and if it’s such a good fool proof idea get congress to pass a law. Not some EO that will get killed once a lobbyist buys someone off.
To be clear Im not in favor of blackrock and the like. I want stronger protections not less
Posted on 5/11/26 at 8:50 pm to Stealth Matrix
quote:
Liberals about to be defending billionaires again
Nah, I'm actually pretty excited that he did this. It's going to take a little time for the effects to filter down, but I'm glad the ball is at least rolling.
Posted on 5/11/26 at 8:53 pm to Ailsa
Good. Nothing is absolute. All things need checks out balances--even occasionally capitalism (antitrust, etc).
Posted on 5/11/26 at 8:56 pm to ReauxlTide222
quote:
Is it your opinion investment funds should be able to buy the houses?
I don't think it should be prohibited.
quote:
It’s seems bad. And all I’ve heard is that it is bad. But I’ve never done any research on it.
It seems bad when the market is inflationary.
When it's deflationary, they get hit hard. The big boys stopped major investments in RE like this years ago before the market turned.
People wouldn't act so irrationally about this if they saw the real effects of a deflationary RE market, but for some reason that's off the table.
Posted on 5/11/26 at 9:03 pm to SlowFlowPro
quote:
Just like MAGA will be defending government manipulation of free markets
Lulz
Its as if anti-trust laws never existed.
If you buy up 20 homes on the market, afforded advantages from the sellers, then you are monopolizing that market
Imagine PE firms buying all the big law firms in town, then signing most pf the new business, oh wait
Posted on 5/11/26 at 9:06 pm to ReauxlTide222
quote:Never forget who controls the narrative.
It’s seems bad. And all I’ve heard is that it is bad.
quote:Start learning about the Soviet centralized economy.
But I’ve never done any research on it.
Posted on 5/11/26 at 9:08 pm to Adam Banks
quote:
What if a group of me and my friends decides to buy some rental properties as secondary income?
How much money do yall have? Have to know that, because this nothing more than classic socialist means tested morality.
Posted on 5/11/26 at 9:09 pm to RobbBobb
quote:Guess who enacted them?
Its as if anti-trust laws never existed.
Posted on 5/11/26 at 9:14 pm to Ailsa
Which executive order is the op referring to? I don’t see one in May for this. Was it earlier?
Posted on 5/11/26 at 9:18 pm to Aubie Spr96
As a conservative and a pragmatic individual I can appreciate certain times when government needs to step in.
Companies buying single family homes changes the market to an unnatural state. The very name, single family, implies ownership of the family, not being rented by corporations. Corporate cash artificially drives up prices.
Very closely compared to monopolies. When the government comes in to invoke the antitrust act against you I like to say you won at capitalism. If that happened to me I’d demand a framed order from the FTC.
Conservatives can get behind this as it protects a traditional way of life, homeownership.
Companies buying single family homes changes the market to an unnatural state. The very name, single family, implies ownership of the family, not being rented by corporations. Corporate cash artificially drives up prices.
Very closely compared to monopolies. When the government comes in to invoke the antitrust act against you I like to say you won at capitalism. If that happened to me I’d demand a framed order from the FTC.
Conservatives can get behind this as it protects a traditional way of life, homeownership.
Posted on 5/11/26 at 9:20 pm to Ailsa
This is good, but will divestment occur of what they own? Will it block over seas purchases which are also all cash and potential investment firms.
But great first step!
But great first step!
Posted on 5/11/26 at 9:22 pm to Taxing Authority
quote:
Guess who enacted them?
You didnt learn this in school?
quote:
Congress passed the first antitrust law, the Sherman Act, in 1890
Posted on 5/11/26 at 9:27 pm to ReauxlTide222
quote:
Is it your opinion investment funds should be able to buy the houses? It’s seems bad. And all I’ve heard is that it is bad. But I’ve never done any research on it.
How is that any different than if I went and formed a corporation, bought houses, and rented them to people. Would that make me evil?
Posted on 5/11/26 at 9:34 pm to SlowFlowPro
quote:
Just like MAGA will be defending government manipulation of free markets With populists, expect populism.
Rich coming from you. All you do here is take the opposite position of whatever is popular, lol. Every single time like clockwork.
Posted on 5/11/26 at 9:39 pm to Ten Bears
quote:
How is that any different than if I went and formed a corporation, bought houses, and rented them to people.
Did you buy 20 at a time? Did you pay all cash? Did you not do home inspections on each? Were you working with sellers to undercut the market for actual home buyers?
Because thats whats happening now
Posted on 5/11/26 at 9:47 pm to Ailsa
Data centers increasing land price may be worse than corps buying up homes.
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