The U.S. Treasury Department will soon propose a rule that would effectively end anonymous luxury-home purchases, closing a loophole that the agency says allows corrupt oligarchs, terrorists and other criminals to hide ill-gotten gains.

  • Sunforged@lemmy.world
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    1 year ago

    Why stop at single family housing?

    I live in a house that was sold at below market rates, under the condition that I will also sell to the next homeowner at a below market rate, there is a fixed equity gain each year to cover general home owner costs. I own the house, the city owns the land the house is on, HOA covers outside upkeep like roofing, window cleaning and driveway maintenance. This is known as a Community Land Trust.

    There is no reason this method of housing can’t also be applied to folks that live in an apartment. Fuck corporations they shouldn’t own anything.