Whoa!
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This would go a long way towards solving the current housing crisis. Hedge funds buying up all the single family homes to flip or rent is a big part of the problem.
Mike Grattan @Mike_Grattan
Democrats Introduce Bill Banning Hedge Funds From Owning Single-Family Homes.

The bill would force hedge funds to sell all of their single-family home stock over the next 10 years.

https://truthout.org/artic...
10:47 PM - Dec 07, 2023
06:33 PM - Dec 08, 2023
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Florida Redhead
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In response to Whoa!.
In many cases HOA's could ban all short-term rentals to discourage it. I mean, come on, they go after your fold up clothesline.
07:42 PM - Dec 08, 2023
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Whoa!
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In response to Florida Redhead.
They won't though. HOAs aren't designed to make housing affordable. They are designed to protect property values (and keep minorities out). Personally I hate HOAs and would never knowingly move into a neighborhood with one.
07:46 PM - Dec 08, 2023
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