A Boring Dystopia

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Jeff Bezos-Backed Real Estate Company Is Launching A New Fund To Acquire More Single-Family Homes Across The U.S. (finance.yahoo.com)

submitted 11 months ago by wanderingmagus@lemmy.world to c/aboringdystopia@lemmy.world

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[–] wintermute_oregon@lemm.ee 26 points 11 months ago (2 children)

I think corporations should be limited to owning a small quantity of sfh. Maybe a dozen unless they can show a compelling reason such as housing for employees.

Sfh are meant for families.

[–] netburnr@lemmy.world 31 points 11 months ago (1 children)

We don't want company towns, there should be no exceptions.

[–] taladar@sh.itjust.works 8 points 11 months ago

Maybe put in a few exceptions for things like remote research or production facilities where no real town or civilization in general exists around them. Basically the kind where rotating worker shifts are stationed for 3-6 months at a time and then move back for a few months off.

[–] TheDarkKnight@lemmy.world 7 points 11 months ago (1 children)

Just scale the tax, it’s so fucking easy to fix. But if they wait it’ll become a giant problem where some awful company or groups of company will fail and break the economy for a while etc etc.

All you have to do is scale the tax. 1 house normal tax rate. 2 houses 2x tax rate on all properties. 3 houses 3x the tax rate on all properties.

Numbers probably need adjusting but that keeps things reasonable, even for small landlords you can scale it so its fair and keeps properties local and even a good investment vehicle for individuals but prevent it from becoming an exploitive market by giants corps.

[–] wintermute_oregon@lemm.ee -2 points 11 months ago

Trump changed salt for personal taxes. Just make the rules cover corporations as well. I got fucked in salt