House lawmakers are reportedly balking at one provision in the bipartisan Senate housing bill — and they’re completely right: Penalizing “build to rent” projects would only shrink…
House lawmakers are reportedly balking at one provision in the bipartisan Senate housing bill — and they’re completely right: Penalizing “build to rent” projects would only But the “Homes are for People, Not Corporations” provision inserted by far-left Sen.
Liz Warren only limits construction, thereby making it harder for people to find housing at a reasonable price.that private-equity firms and large institutional investors have cornered the market on American single-family homes in some supposed plot to eliminate the American dream of homeownership and reduce everyone to peonage by forcing them to rent forever. This is nonsense: It simply makes sense for some families to rent rather than buy a home; letting investors build to feed that market doesn’t harm anyone else — indeed, relieves some pressure on the home-buyers’ market. Warren backs forcing companies that build or buy single-family homes to sell those properties to an individual homeowner within seven years, or face million-dollar fines.Sadly, President Donald Trump backed a similar proposal in his State of the Union address, but that doesn’t make it right or evenYes, the standard dream of homeownership focuses a detached house with a yard, but that’s not for everybody, and never will be.Ironically enough, that collapse led to major investors snapping up bargain-basement foreclosed homes — the chief cause of the myth Warren’s now playing off of.The House of Representatives will be doing the nation a favor by stripping out Warren’s poison pill: Reject social engineering, and let the market do its work.Hundreds of protesters swarm proposed NYC men's homeless shelter site, physically block construction truck'Burn Notice' star ditched Los Angeles for Colorado after meeting his wife and says he's 'never leaving' Stream It Or Skip It: 'Jo Nesbø's Detective Hole' On Netflix, Where A Troubled Detective Tracks Down A Serial Killer Who Is Terrorizing Oslo
Affordable Housing Editorial Elizabeth Warren Housing Private Equity Rentals
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