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return2ozma@lemmy.world to News@lemmy.world · 2 days ago

Trump says he will seek to ban institutional investors from buying single-family homes

www.cbsnews.com

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Trump says he will seek to ban institutional investors from buying single-family homes

www.cbsnews.com

return2ozma@lemmy.world to News@lemmy.world · 2 days ago
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President Trump said "people live in homes, not corporations," in announcing plans to bar big investors from home purchases.
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  • Carmakazi@piefed.social
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    Trump says he will seek to ban institutional investors from buying single-family homes shake down institutional investors for protection money and then let them keep buying property in bulk

    • John@lemmy.ml
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      2 days ago

      …and it will conveniently fail spectacularly in Congress while trump claims that he’s helping the working class.

      • Hayduke@lemmy.world
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        2 days ago

        That’s the prestige.

  • circuitfarmer@lemmy.world
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    2 days ago

    This will gain traction and then he’ll silently make a deal allowing the corpos even more control. MAGA will claim he already improved things and the rest of everyone can point at the corpos buying more homes and it won’t matter.

    Rinse and repeat.

  • gravitas_deficiency@sh.itjust.works
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    While this is ostensibly a sorely needed change, I’m also certain he’ll find a way to do it in a way that hurts people, doesn’t actually solve the problem or do what he’s saying it will do, and also makes himself a shitload of money.

  • BarbedDentalFloss@lemmy.dbzer0.com
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    2 days ago
    1. Trump rails against _____
    2. Stock price goes down
    3. Buy that stock
    4. Trump renegs
    5. Stock price goes up
    6. Profit
  • thisorthatorwhatever@lemmy.world
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    2 days ago

    No he won’t. If he was, he would have already done it.

  • harmsy@lemmy.world
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    It’s something actually good, so he won’t do it. That, or he’ll find a way to make it horrible.

  • RagingRobot@lemmy.world
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    I’m sure one or two of the largest companies will get exemptions

    • hume_lemmy@lemmy.ca
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      2 days ago

      That’ll depend on their donations to the “presidential library”…

  • ceenote@lemmy.world
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    2 days ago

    Yeah, Trump also said he’d end the US’s regime change habit.

    • CarnivorousCouch@lemmy.world
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      2 days ago

      At least he ended the war in Ukraine in a day!

  • BrianTheeBiscuiteer@lemmy.world
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    2 days ago

    “Two weeks” away from his new healthcare plan.

  • aesthelete@lemmy.world
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    2 days ago

    I guess he’s looking for a contribution from big housing investors.

  • ImgurRefugee114@reddthat.com
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    Keep talking about the Epstein files and we’ll have Trump quoting Das Kapital and invading Pluto by next Christmas

  • HellsBelle@sh.itjust.works
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    I’ll believe it when I see it.

  • socsa@piefed.social
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    Lmao if this happens I will cut off my mother’s dick

  • ohulancutash@feddit.uk
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    Sooo, thats the end of mortgages then? Enjoy your cardboard boxes, poors.

  • atzanteol@sh.itjust.works
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    Through actual legislation? Or through a backroom deal with companies that he thinks means they were going to do what he wanted but really they’re just getting him off their back?

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