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News@lemmy.world · 10 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 · 10 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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prole@sh.itjust.works
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10 months ago

Until housing is no longer seen as an investment, which can only happen if we are allowed to build sufficient housing

It can happen through legislation.
- SCB@lemmy.world
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  10 months ago
  Yes, legislation that changes zoning policy and incentivizes building.
  - prole@sh.itjust.works
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    10 months ago
    That would be the neolib solution, yes
    - SCB@lemmy.world
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      10 months ago
      So, the correct one.

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