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 one of those bills that gets proposed just for the attack ads.

“Republican Senator Dickweed WANTS hedge funds to own your home.”

Dirty but effective pool, I’m glad Dems aren’t still “going high.”

Is there some additional piece to this bill that would make it impossible for Republicans to support? Other than it being amazingly beneficial to the general public?

Republican ideology is that you increase the housing supply by attracting investors into the home development industry.

So they would say blocking investors makes the problem worse.

Republicans don’t support anything proposed by democrats. On purpose.
Just want to throw this out there in case anyone thinks he’s being sarcastic or hyperbolic. He is not. Opposing anything Democrats do en masse by default is GOP mantra now, championed for many years by Mitch McConnell – a man once known for killing his own bill because it started getting Democrat support. Compromise and bipartisanship are considered signs of weakness in the GOP, to the point where it’s almost political suicide today to even think about it. Whatever the Democrat position on any given subject is, the GOP must rally against it. This is not sarcasm. This is not hyperbole. This is GOP dogma.
Isn’t the fact that it tries to stop big business from making even more money enough for them not to support it?