The Stop Wall Street Landlords Act has been introduced in Congress by Rep. Ro Khanna. The bill would raise taxes on the purchase of single family homes by private equity and corporations.

SeattleRain@lemmy.world · edit-2 2 months ago

The Stop Wall Street Landlords Act has been introduced in Congress by Rep. Ro Khanna. The bill would raise taxes on the purchase of single family homes by private equity and corporations.

TurtleTourParty · 2 months ago

For #2 in my area people already pay a decent amount more in property taxes if they don’t live in the property. Also companies (and even individuals) usually makes new LLCs for each building they own for liability reasons, so it would have to include a provision for calculating who owns all the LLCs.

The Stop Wall Street Landlords Act has been introduced in Congress by Rep. Ro Khanna. The bill would raise taxes on the purchase of single family homes by private equity and corporations.

The Stop Wall Street Landlords Act has been introduced in Congress by Rep. Ro Khanna. The bill would raise taxes on the purchase of single family homes by private equity and corporations.

Ro Khanna Goes After Wall Street Landlords to Address Rising Home Prices