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Fiendish Thingy

(22,203 posts)
11. He's right...
Wed Jan 7, 2026, 02:51 PM
Jan 7

But as others have noted, there surely is another shoe that will drop on this.

If a bill were to pass restricting private equity ownership (as opposed to purchasing, which would exclude homes already owned by equity firms) of single family homes, forcing the investment groups to sell their real estate holdings, housing prices would drop dramatically.

I don’t expect that to happen, but it’s a good policy for Dems’ 2028 platform.

Recommendations

1 members have recommended this reply (displayed in chronological order):

I don't believe it, should have been done long ago. The horse is out of the stable. What will he propose about ... marble falls Jan 7 #1
Dems had this legislation drafted in 2023. MSM ignored it blm Jan 7 #5
.... markie Jan 7 #2
Stopped clock . . or an indication how worried his handlers are regarding the affordability issue Strelnikov_ Jan 7 #3
Yes, the mortgage with a life expectancy longer than my own... viva la Jan 7 #18
re: "People live in homes, not corporations" -- Wait, so corporations aren't people? thesquanderer Jan 7 #4
I expect a court ruling to say the same thing newdeal2 Jan 7 #7
"...until they pay tribute" is exactly right.... Ol Janx Spirit Jan 7 #6
Says America's Slumlord. nt Xipe Totec Jan 7 #8
boy he sure has a lot of cool stories today Javaman Jan 7 #9
Says krasnov as the real estate cycle likely to enter a downturn not fooled Jan 7 #10
He's right... Fiendish Thingy Jan 7 #11
He has a habit of occasionally saying the right things. Broken clock moment. But...and here's the big but... paleotn Jan 7 #20
Except for Jared. SergeStorms Jan 7 #12
Good if he does it and doesn't carve out an exception for his friends at Blackstone. It is a HUGE problem. nt wiggs Jan 7 #13
Most likely he's threatening legislation so that he can negotiate and get a taste for himself. nt wiggs Jan 7 #14
just single family homes?? BLewis Jan 7 #15
Good idea, long overdue. Why do I just know with Trump this is just another up is down moment ToxMarz Jan 7 #16
I am sick to death of him blaming Pres. Biden and the Dems Bayard Jan 7 #17
Total bullshit. He won't do a damn thing about it. paleotn Jan 7 #19
I agree Uncle Joe Jan 7 #21
Hey dopey, how are you gonna enforce that? flvegan Jan 7 #22
This is the extortion part of the policy...then Blackstone pays in crypto and it goes away Prairie Gates Jan 7 #23
I question whether such a law would be constitutional. TomSlick Jan 7 #24
Tell me another, you lying, malignant lamprey . . . hatrack Jan 7 #25
He said "should" choie Jan 7 #26
How would he enforce this? hamsterjill Jan 7 #27
He's all talk and bluster. BradBo Jan 7 #28
HAS HELL FROZEN OVER??? Something I actually AGREE with, Jack Valentino Jan 7 #29
Two comments follow jmowreader Jan 7 #30
But he told us that it was immigrants Old Crank Jan 7 #31
Sure. mahina Jan 8 #32
Joe Biden wasn't president a decade ago. 33taw Jan 8 #33
Did You Know... the_liberal_grandpa Jan 8 #34
And not just big corporations and private equities BumRushDaShow Jan 8 #35
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