(www.theatlantic.com)

115 points harambae | 2 comments | 09 Dec 25 17:26 UTC | HN request time: 0.394s | source

Show context

shuntress ◴[09 Dec 25 18:31 UTC] No.46208625[source]▶

My extreme political opinion is that no one (including corporations) should be allowed to own more than one property in which they do not reside.

replies(1): >>46208744 #

1. bell-cot ◴[09 Dec 25 18:40 UTC] No.46208744[source]▶

So I can own a duplex and rent out the other half, but that's it?

Or - what if I own a 5-bedroom house, and rent the other 4 bedrooms to roommates?

replies(1): >>46211260 #

2. bpt3 ◴[09 Dec 25 21:54 UTC] No.46211260[source]▶

No, you just do what most people (and corporations) do and create a new entity (normally an LLC) for each property.

There you go, you've sidestepped this inane policy.

How private equity is changing housing