Reduce corporation buy out of homes
From "Welcome to The New Hampshire Forum!"
Go to the project
More low income housing and make it illegal for corporations to buy single family homes and any buildings with less than 6 units.
Comments(2)
Commenting is not possible because this project is currently not active.
Most recent comments have loaded.
Profile of Haley L.
Posted by:Haley L.
6 months ago
And no private equity purchasing housing, including mobile parks-- rent increases at those places are killer for seniors and others who reside in mobile homes. It's supposed to be an affordable housing option, not a private equity profit maker.
Posted by:Anonymous
6 months ago
Special provisions to make sure it's illegal for them to buy condominiums too - those are important as a way for people to get on the ladder of homeownership that is less costly than a single family home while still building equity.
I had a landlord who targeted garden-style condos for his local LLC for investment rental properties. He jacked up the rent by over 20% in one year, because "the market" (almost a direct quote). These condos should be for people to live in, not make money off of.
Posted by
Current status
proposed