RE: RE: Breaking News: Democrats want to ban hedge funds from owning single-family homes.
You are viewing a single comment's thread from:

RE: Breaking News: Democrats want to ban hedge funds from owning single-family homes.

Words
142
Reading
1 min
3y

I think out of everyone I know, you'd have to be the biggest liberal with the strongest anti-Democrat bias. I know lots of lefties who had Biden specifically, but I can't really recall you not sticking the boot in to the Democrat party whenever you have the chance.

I don't think Blackrock, etc own enough to collapse the economy, I think combined they own less than 2% of the total housing market, although they do concentrate in specific areas... but given that supply of housing is so low, I imagine those houses they'd sell would be snapped up pretty quickly.. and it'd probably stimulate those economies as people renovate and spend a lower percentage of their wage on housing.

Personally, since people need a place to live, I really don't think housing should actually be an investment... essentials shouldn't be investment vehicles.

@aussieninja: I think out of | Ecency