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.(www.notus.org)

I’m not so sure. The knee-jerk reaction of the cynic in me is to agree with you, but I actually think it’s fairly unlikely that they own rental properties specifically. Many, if not most, probably own multiple properties as rich people are wont to do but, I would imagine that most of those are just “summer homes” or similar rather than something that is rented out as a “landlord” in the way most people think of it. It is possible that they could be investors in these funds, REITs, or other such vehicles which would make them indirect owners of these items.

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TheReturnOfPEB@reddthat.com

1 point

19 days ago

AirBNB can be more profitable so I’ve read.

It would be nice for Congress to make a report about it at least the percentage of congresspersons that make a portion of their income through commercial and rental properties and likewise financial investment.

because i would like to compare that report to their voting records on such topics. i mean if they come from a district where they own rentals and vote against public housing that is a conflict of interest especially if their voters are stuck in housing deserts.

They are OUR reps as much as we are their voters.

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DrPop@lemmy.world

9 points

20 days ago

This is specifically about corporations owning private property. Fuck landlords but i’d rather rent from a private citizen than an llc.

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