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danesparzalast Tuesday at 7:43 PM4 repliesview on HN

Corporations shouldn't be allowed to own residential properties. Period.


Replies

malfistlast Tuesday at 7:47 PM

For every complex and difficult problem, there is a simple, easy and wrong solution.

If corporations can't own residential properties, how would anyone rent a house? How would home builders build model homes? How would Trusts manage real estate?

This is a complex and nuanced problem.

show 3 replies
JumpCrisscrosslast Tuesday at 8:49 PM

> Corporations shouldn't be allowed to own residential properties. Period

Congratulations, you just ensured zero new housing creation in our cities. (Co-ops are corporations.)

ProllyInfamouslast Tuesday at 8:04 PM

I am currently suing a former residential LLC in small claims court. Going on three years, now...

Justice is not blind. Both sides make this so difficult. And expen$ive!

javascriptfan69last Tuesday at 9:08 PM

Sorry, but this is just a bad idea. It's classic populist slop.

The biggest driver in housing prices is under supply. The main source of under supply is individual home owners who consistently vote against good zoning to protect their economic interests.

Corporations do not have the votes to strangle supply like individuals do.