Housing Crisis

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A place to post news and have discussions about the housing crisis, its effect on people who are priced out, and what the future has in store.

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Harris to endorse protections for renters and removal of key tax benefits for Wall St. investors buying homes (www.nbcnews.com)

submitted 4 months ago by return2ozma to c/housingcrisis

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[–] Seaguy05 11 points 4 months ago* (last edited 4 months ago)

This is a great start to the housing issue but.... Can we go further and not let corporations or private equity firms buy housing in the first place? Adding housing to your portfolio with the implied goal of making money on such a commodity doesn't sound healthy. I'd imagine what we'd see is something like the private health insurance problem if we don't stop it now.