• Asafum@lemmy.world
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      2 days ago

      Apparently the vast majority of homes being used by parasites for wealth generation are actually owned by our “neighbors.” A whole bunch of wealthy older/middle age people buying extra homes for PaSsIvE InCoMe, so this law won’t fix anything. It’s only meant to help the Republicans image for the midterms.

      • BrianTheeBiscuiteer@lemmy.world
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        2 days ago

        Also it’s gotta be painfully easy for large companies to use agents or subsidiaries to get around the “large investor” restriction. Or more simply there will be some catch about “as decided by the HUD Secretary” so it’s just another way to grift companies.

    • Archangel1313@lemmy.ca
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      2 days ago

      No way, man. This will go down as yet another example of Trump prioritizing the common good. It’ll be 2nd only to his universal healthcare plan, in helping working class Americans. /s

    • andros_rex@lemmy.worldOP
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      2 days ago

      My immediate thoughts were:

      1 - narcissism. This is a no brainer populist thing to say, and he likes the adulation.

      2 - he’s being prepped to be a fall guy, and pissing off the medium rich Republicans/donors, so that he can be decried as a “socialist” (and whatever crimes in the Epstein files can thus be tied to “socialism”) when Vance takes over to be Peter Thiel’s bitchboy