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News@lemmy.world · 11 months ago

New Legislation Proposes to Take Wall Street Out of the Housing Market

www.nytimes.com

cross-posted to:
brainworms@lemm.ee

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New Legislation Proposes to Take Wall Street Out of the Housing Market

www.nytimes.com

return2ozma@lemmy.world to

News@lemmy.world · 11 months ago

cross-posted to:
brainworms@lemm.ee

A bill introduced in the House and Senate would prevent hedge funds from owning single-family houses in the United States.

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_number8_@lemmy.world
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11 months ago
why were they ever allowed to do this? why should the system allow you to gamble on houses?
- girlfreddy@sh.itjust.works
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  11 months ago
  Because they saw an opportunity to fuck America again after imploding Wall St in 2007-08.
  
  Rampant unfettered capitalism only cares about the money they can make, never about the people’s lives they destroy.

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