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Middle class will be toast fairly soon. In 2023, 44% of

Posted on: March 18, 2024 at 14:12:58 CT

Diamond Dave MU

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M.O.B. Votes:

single family homes were purchased by private equity firms. That will increase yearly. The American "Dream" of homeownership will soon disappear.

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Middle class will be toast fairly soon. In 2023, 44% of - Diamond Dave MU

- 3/18 14:12:58

They are buying up the land with the the 401k fees and - shorty MU

- 3/18 18:52:43

Want another feel good corporate story? Here you go: - 90Tiger STL - 3/18 19:27:57

but hey, we gots a "right" to an education! (nm) - 90Tiger STL - 3/18 16:30:07

trumplican dreams can come true - JG MU

- 3/18 14:26:12

50+ % of U.S. Adults - Rabbit Test MU - 3/18 14:21:41

If you break up that 50% by their ethnicities.. - shorty MU

- 3/18 18:55:18

jews? (nm) - ashtray UF - 3/19 07:06:25

Cheer on the DOEd, national standards, no child - 90Tiger STL - 3/18 16:31:13

That's the fault of the dem's teachers union - RHAYWORTH MU - 3/18 15:01:14

thanks, public schools (nm) - Sal CMSU - 3/18 14:23:46

Congress needs to ban that, and force liquidation of those - zounami MU - 3/18 14:16:56

who should be allowed to buy a house?(nm) - meatiger MU - 3/18 14:17:51

It leads to them artificially inflating market price. - shorty MU

- 3/18 19:01:00

lol - JayHoaxH8r MU

- 3/19 08:33:54

it's about who should be excluded... like private equity - zounami MU - 3/18 14:19:34

How are those defined - meatiger MU - 3/18 14:22:35

yeah, that should be banned in residential areas (nm) - zounami MU - 3/18 14:26:02

I mean, no one wants commercial BnB's in their neighborhood - zounami MU - 3/18 14:27:28

no one?(nm) - meatiger MU - 3/18 14:28:39

other than the аssholes running them, no (nm) - zounami MU - 3/18 14:29:16

So a person should only be allowed to own one house? - meatiger MU - 3/18 14:27:09

owning multiple houses for residential purposes is fine... - zounami MU - 3/18 14:28:45

yeah, profits are evil (nm) - ashtray UF - 3/18 14:47:19

no, but sometimes regulations are needed (nm) - zounami MU - 3/18 14:53:11

Thanks Bernie (nm) - 90Tiger STL - 3/18 16:32:13

right, because too much profits are evil - ashtray UF - 3/18 14:55:35

what is the number? - meatiger MU - 3/18 14:29:42

That would be up to the legislators writing the bill. (nm) - zounami MU - 3/18 14:32:21

Are you against ride share companies as well?(nm) - meatiger MU - 3/18 14:37:24

no (nm) - zounami MU - 3/18 14:41:22

They hurt taxi drivers - meatiger MU - 3/18 14:44:06

That's competition, and it lowers costs for consumers. (nm) - zounami MU - 3/18 14:46:26

So if I sell my house - meatiger MU - 3/18 14:52:26

What if the legislators decide to not pass the bill?(nm) - meatiger MU - 3/18 14:36:15

Then the problem described in the OP will continue. (nm) - zounami MU - 3/18 14:37:19

so why can you not answer a simple question - meatiger MU - 3/18 14:37:59

It's not about number, it's about the buyer & their intended - zounami MU - 3/18 14:40:51

I think his post leads to conclusion that any number is fine - tman MU - 3/18 14:32:13

So now government should not only tell people - meatiger MU - 3/18 14:35:39

when those "people" are private equity firms, yes... - zounami MU - 3/18 14:39:34

what if they called themselves a RE investment group? - ashtray UF - 3/18 14:48:31

not for single-family residential homes (nm) - zounami MU - 3/18 14:53:31

so only one house per person - ashtray UF - 3/18 14:56:08

He will allow more than one - meatiger MU - 3/18 14:58:07

he's too smart for us (nm) - ashtray UF - 3/18 15:00:45

How does one define a private equity firm? - meatiger MU - 3/18 14:40:30

Those details would be defined in the bill. (nm) - zounami MU - 3/18 14:41:13

another avoidance - meatiger MU - 3/18 14:43:39

...like the Chinese did (nm) - zounami MU - 3/18 14:17:09

ban ownership(nm) - meatiger MU - 3/18 14:14:04