The U.S. Treasury Department will soon propose a rule that would effectively end anonymous luxury-home purchases, closing a loophole that the agency says allows corrupt oligarchs, terrorists and other criminals to hide ill-gotten gains.

  • J12@lemmy.world
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    1 year ago

    This would be the biggest game changer for our country. Let corporations own all the apartments they want but keep them out of single family housing. There’s no reason for corporations to hoard and sit on housing, letting them sit empty and raising the prices of the occupied ones. Single family Housing should not be an investment opportunity for corporations.

    Let’s bring down housing prices, and people will have a hell of a lot more money to spend on other things to keep our economy moving.

    Then after that let’s do Healthcare and Education.