The legislation, known as the Homes for American Families Act, would amend the landmark Sherman Antitrust Act of 1890 to make it illegal for investment funds with over $150 million in assets to buy single-family homes, condominiums or townhouses. It doesn’t apply to homebuilders that are constructing units for sale.
Lmao
Should make it an individual cause of action. Let individual renters sue their landlords if they can prove they own too much housing. Set statutory damages as the property itself. Landlords who own too much housing will have their properties confiscated by their renters.
I love this. It’s a genuinely good idea.
Might as well say invisible unicorns will enforce this.
Oh come on it’s not like there is a corrupted pedophile protector running that place… Oh shit.