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New Legislation Proposes to Take Wall Street Out of the Housing Market
(www.nytimes.com)
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this post was submitted on 07 Dec 2023
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How does this limit a corporation from doing the same thing?
So a hedge fund doesn't do it, but a specific company does the same thing and that's fine. What am I missing?
It does include corporations. For instance the Bezos thing we've been hearing about the past couple days would be covered:
https://finance.yahoo.com/news/jeff-bezos-backed-real-estate-151102586.html
Just so it's clear, they want to turn our homes into a mini stock market.
This bill won't pass.
We already live in a completely fucked up dystopia, most people just haven't realized it.
That sounds like the perfect opportunity to work in property management because the owners will be so diffuse that you could be very lazy and they would be none the wiser