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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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1 year ago
If allowing ordinary people to be priced out of owning homes is your idea of a free market, then fuck the free market.
- SCB@lemmy.world
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  People are priced out of homes specifically because the market has been kneecapped by bad zoning policy.
  
  Homeowners got theirs and then pulled up the ladder

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