How private equity is changing housing

Ban corporate ownership of residences. Only individuals, Coops or condominiums. Cap how many rentals an individual can own.

The government should also build massive amounts of housing. Everywhere of all types - apartments, townhouses, single family. After built transferred to the residents as coops.

I love that there are people that can't even conceive of the idea that entities that let out apartments are providing a service to residents. In their view, the natural state of every resident is a desire to own their home.

A fun knock-on effect of this policy proposal: it would effectively halt all new development of dense multifamily.

Yes, the natural state of every resident is to live in their own home. To be clear by home I don't mean "single family detached house on a suburban street", I mean a place to live with water, electricity, and a roof.

Landlords provide no 'service'; they are merely an existence tax.

The market already does not build dense multifamily; what is there to halt?

You can't fathom that someone might not want an ownership stake in the property they happen to reside in, that there could possibly be a downside to that.

I never said homeownership. Just a place to live thats not owned by a ruthless corporation that spends every day trying to squeeze every penny possible out of the tenant

What about a non-ruthless corporation? How do you test that?

What about the fact that most homeowners get the vast majority of the money for said purchase from a (presumably ruthless) corporation?

No such thing as a non-ruthless corporation, it is inherent with the legal structure.