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[–] 39 points 2 years ago* (2 children)

Landlords say this would push them to sell.

Yay? Maybe then it could be sold to people who are desperate to get off of the rental merry-go-round.

As in, these homes will be owned by people who actually live in them; non-parasites who aren’t going to be sucking the lifeblood out of hard-working, working-class Americans.

And maybe instead of being landlords, these parasites could actually go out and get a job?

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  • [–] 2 points 2 years ago

    Sounds like we don't only need to cap increases at 3%. We also need to give loan assistance programs so the people currently living there can capitalize on the sudden availability. Otherwise, you get into the situation of "I'm spending $2000 on rent now, the mortgage + escrow payment on the same property would be $1500, but the bank says I don't qualify".

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  • [–] -2 points 2 years ago

    If you can't buy it while renting today, you won't be able to buy it tomorrow when your landlord sells it. The house will be bought by a corporate investor and you'll get fucked. Just like it's happening in the UK right now. Prepare for mass homelessness.

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