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

I’m not sure this will bring prices down
I assume if they had to all sell their single family properties it would cause prices to fall or they would scrape the houses lol to redevelop

That should drop prices, but of course there’s the Gen Xers like me who’d lose home value. Before you say we’re entitled, don’t forget our only savings at this point is our home.

Still, it’s such a stupid situation, and America is a fucking hard place. Someone’s always getting fucked over. Might as well be me (again)

Millennial here: what’s a “savings”?