Democrats Unveil Bill to Ban Hedge Funds From Owning Single-Family Homes Amid Housing Crisis

https://lemmy.world/post/9286697

Democrats Unveil Bill to Ban Hedge Funds From Owning Single-Family Homes Amid Housing Crisis - Lemmy.World

This is such great politics. It helps america and who ever wants to side with hedge funds? I can't wait to see the strange justifications people who are against this will say

Well, there’s the practically-justified cynicism that this bill will only get introduced when the Republican Party has at least one house of the legislature or the presidency so the Democrats have someone to blame for why it won’t pass (and totally not because there’s at least a handful who’s investments may be impacted and the head of the legislature doesn’t want to risk embarrassment or whatever by the bill failing) 😅

  • with a 0.00% chance that the Republican Party would ever get close to a bill that’d benefit the common people

I was just talking with my very republican neighbor friend about the housing crisis and he agreed that we need regulation to stop the investors from buying up homes.

I have a feeling he is going to change his tune when he hears the right wing pundits warp this into being “woke” or “librel” or whatever

groans

It is amazing how quick opinion turns around when it’s “woke”. CRT is the most frustrating example.

“Hey we could audit the effects caused by laws the government made and remove the ones that intentionally and unfairly inhibit the rights of people”

“Yeah! The state impedes freedom! LETS GO”

“…oh yeah, so this mechanism is called “Critical Race Theory because a lot of laws and standards that unfairly target people are grounded in (sometimes even unintentional) racism”

“fuck that woke trash”