return2ozma'Renters Are Struggling': Economists Back Tenant-Led Push for Federal Rent Control
CriticalMissDon’t allow companies to own residential properties… it’s that simple…
That is a bad idea as owning a house isn't right for everyone.
The idea being proposed here doesn’t outlaw renting, only corporate ownership of residential property. It means that the people you’re renting from are human beings who will eventually die and either be estate taxed or the house will be sold, rather than a corporation who owns your property until they go bankrupt or until the sun explodes.
Bingo. A lot of current problems get better by:
A) 100% death tax on all money over 100,000,000.00 at time of death. B) Closing loopholes that allow hiding that kind of money in unnecessary corporate assets or non-charitable trusts. C) Cracking down on what qualifies as a charitable trust. Want to leave that money to trust that makes the world better, better have numbers to prove it or it gets disolved automatically into other more effective charities.
So corps pay higher taxes on property vs sole owners?