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News@lemmy.world · 1 year ago

New Legislation Proposes to Take Wall Street Out of the Housing Market

www.nytimes.com

cross-posted to:
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New Legislation Proposes to Take Wall Street Out of the Housing Market

www.nytimes.com

return2ozma@lemmy.world to

News@lemmy.world · 1 year ago

cross-posted to:
[email protected]

A bill introduced in the House and Senate would prevent hedge funds from owning single-family houses in the United States.

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prole
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1 year ago

Until housing is no longer seen as an investment, which can only happen if we are allowed to build sufficient housing

It can happen through legislation.
- SCB@lemmy.world
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  1 year ago
  Yes, legislation that changes zoning policy and incentivizes building.
  - prole
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    1 year ago
    That would be the neolib solution, yes
    - SCB@lemmy.world
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      1 year ago
      So, the correct one.

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