News for hackers. Stuff that matters.
Re:Zillow seeks to sell 7k homes for $2.8B after flipping halt by mattnewton on Tuesday November 02, 2021 @03:15PM (#29086084)
Then renters can afford the larger rents, and after the dust settles all you've done is take money from one of the state's pockets and put it in another, no?
Re:Zillow seeks to sell 7k homes for $2.8B after flipping halt by pkulak on Tuesday November 02, 2021 @03:27PM (#29086274)
Yes. Seems like I typed before I really thought about it. :/

I guess what you'd want is to tax the hell out of rental properties, then put that money to first-time mortgage assistance.

Re:Zillow seeks to sell 7k homes for $2.8B after flipping halt by banannaise on Wednesday November 03, 2021 @11:51AM (#29096347)
The problem is the financialization of housing in the first place. You have to figure out a way to reverse that. Making speculation illegal probably isn't feasible, but could you require that renters earn equity offsetting some portion of rental profits?