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Old Posted Jan 24, 2023, 10:36 PM
Kngkyle Kngkyle is offline
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Join Date: Jul 2006
Location: Chicago
Posts: 3,102
Quote:
Originally Posted by Trae View Post
there is clear difference between one family owning a single home, and an investor owning 100 and upmarking rent by 10% annually. there should be caps on investors owning property, especially foreign ones. thats the only way to fix the ownership issue outside of wages increasing with inflation and promoting better savings habits earlier on in schools, so they can buy homes or whatever else they want later.
So make it illegal for the family that owns the property to sell it to an investor? How is that fair to the family that wants to sell their home for top dollar? Just throw property rights out the window because you can't afford to buy a home in the neighborhood you want?
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