I actually agree with her on this one.New York governor wants to limit hedge funds from buying up homes
New York Gov. Kathy Hochul says she will push for new laws to make it harder for hedge funds to purchase large numbers of single-family homes in the state.apnews.com
I'm sure some will push back on this as government acting/restricting business but I think this approach needs to be across the country.
I'm definitely surprised since you are so in favor of removing corporate restrictions and pro free market.I actually agree with her on this one.
They bought a quarter of all homes nationwide in 2023 (still awaiting 2024 data).New York governor wants to limit hedge funds from buying up homes
New York Gov. Kathy Hochul says she will push for new laws to make it harder for hedge funds to purchase large numbers of single-family homes in the state.apnews.com
I'm sure some will push back on this as government acting/restricting business but I think this approach needs to be across the country.
Add that to the fact that builders seem to refuse to build starter homes and you get stupid high housing prices.They bought a quarter of all homes nationwide in 2023 (still awaiting 2024 data).
I hope we see more states follow suit.
Plus, people then get rent trapped and can never build equity in a home, which is one of the best ways to build wealth.Add that to the fact that builders seem to refuse to build starter homes and you get stupid high housing prices.
Speaking of...Plus, people then get rent trapped and can never build equity in a home, which is one of the best ways to build wealth.
I’m pretty much a free market proponent for sure. I’m also against monopolies and consolidation of power in any market. We’ve let the Blackrock monster grow legs at least one of them needs chopped off.I'm definitely surprised since you are so in favor of removing corporate restrictions and pro free market.
We have something in common then. I'm pro free market, but fully believe we have to break up monopolies (and near monopolies) and enforce rules against schemes to influence market conditions.I’m pretty much a free market proponent for sure. I’m also against monopolies and consolidation of power in any market. We’ve let the Blackrock monster grow legs at least one of them needs chopped off.
Nothing like having to pay rent that is higher than a mortgage payment you could be approved for and living in a smaller space.Plus, people then get rent trapped and can never build equity in a home, which is one of the best ways to build wealth.
Add that to the fact that builders seem to refuse to build starter homes and you get stupid high housing prices.
Probably something around 1500-1800 sqft, 3 bed, 2 bath probably no garage, single living space.What do you consider a starter home?
... and what are people doing in response? Moving to Red Note, another Chinese social media option that also steals your info.9-0 ruling to uphold the ban of Tik Tok. Some scary stuff in there.
... and what are people doing in response? Moving to Red Note, another Chinese social media option that also steals your info.
People are dumb.
Is RedNote Safe? Here’s What Millions Of TikTok Users Need To Know
As TikTok users flock to RedNote, there are several considerations, including the privacy of your data. Here’s what you need to know.www.forbes.com