then the companies will only manage $499B in assets, and will have multiple companies
2024-07-05 01:23:07
16406
TrueLoveWins :
Norway has a rule no family can own more than 4 houses
2024-07-05 05:41:05
6761
Alligator Man :
why not cap it at like 50 million?
2024-07-05 02:37:20
2345
chrsaade :
Wouldn’t work whatsoever, they’d just open smaller asset management companies owned by practically all the same people and just do it all the same exact way with one extra step
2024-07-05 01:23:44
707
Jdolphins :
We need more people to hear and know this
2024-07-05 00:52:52
1179
hublo :
not sure that idea is legal. The better option is to just make it so unprofitable they wont even try. Have a tax bracket of like 90% once you own more than (3) homes boom problem solved
2024-07-05 05:12:26
200
Alex Beeler456 :
so billionaire companies shift money to different LLC and keep it low enough to still buy single family homes
2024-07-05 14:39:34
421
EwokVillage :
Man. He is normally pretty spot on with takes but big corpo owns less than 2% of home across the country. Housing boils down to lack of supply due to all the red tape it takes just to build.
2024-07-05 13:05:05
65
LikeABeast :
honestly, id just put a cap on how many homes anyone can own in a single state and I'd make it like 4. just to be nice to those who have money or who want to make a little extra money
2024-07-05 03:23:24
111
Beeoneverything :
Well said 💯
2024-07-05 00:50:46
36
lil poo c raps :
over 100bill 😳, so what we are just trying to stop Elon Musk 😅
2024-07-05 02:17:08
163
Dak :
I think owning more then 3 or 4 homes is unethical, caps on individual home acquisition is needed obviously. Corporate entities should be barred from buying anything but commercial buildings. Period.
2024-07-05 10:21:22
6
Drewswrld :
Or maybe way less than 500b?
2024-07-07 12:10:32
130
stevenh749 :
how about no corporation can buy a home?
2024-07-07 23:13:01
103
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