The bill would force hedge funds to sell all of their single-family home stock over the next 10 years.
  • 4lan@lemmy.world
    481·
    10 months ago

    I can’t express how excited this makes me.

    I have been saying for years now that regulation is the only cure for the housing crisis, and resulting homeless crisis.

    I wrote my Congresswoman about this a while back.

    Fuck. Yes.

    • books@lemmy.world
      17·
      10 months ago

      I wouldnt get too excited. The hedge funds will just start an LLC or s corps or some other legal loop hole and continue forward doing what they do.

      • pomodoro_longbreak@sh.itjust.works
        9·
        10 months ago

        At least make it hard for them. Keep squeezing, and they may move on to some easier racket. Do nothing and you guarantee they keep robbing from you in broad daylight.

    • nutsack@lemmy.world
      31·
      10 months ago

      you’re excited and that’s cool but it’s almost certainly not happening