If I could, I would pass a law saying that no corporation could own more than two dwelling structures. That still allows them to own things up to apartment high-rises. But only two.
No. You make it so that they cannot hold single family dwellings period unless for the purpose of listing and selling them to non-corporate individuals.
There are reasons why a business might actually need or benefit from having a single family dwelling in a way that aligns with their business. For instance a local theatre company owns two large homes here so that when traveling cast come for shows they have somewhere to house them without spending exorbitantly on hotel rooms for weeks at a time, and the cast get a more comfortable stay. The homes are typically occupied at least a portion of each month, and everyone involved benefits.
It’s reasons like these I wouldn’t want to put a total and complete ban on businesses owning single family homes, but in my opinion there should be a reasonable business justification for it and it needs to be very limited.
If I could, I would pass a law saying that no corporation could own more than two dwelling structures. That still allows them to own things up to apartment high-rises. But only two.
No. You make it so that they cannot hold single family dwellings period unless for the purpose of listing and selling them to non-corporate individuals.
There are reasons why a business might actually need or benefit from having a single family dwelling in a way that aligns with their business. For instance a local theatre company owns two large homes here so that when traveling cast come for shows they have somewhere to house them without spending exorbitantly on hotel rooms for weeks at a time, and the cast get a more comfortable stay. The homes are typically occupied at least a portion of each month, and everyone involved benefits.
It’s reasons like these I wouldn’t want to put a total and complete ban on businesses owning single family homes, but in my opinion there should be a reasonable business justification for it and it needs to be very limited.
they’d just make nesting doll structured holding companies with all profits going to the top but any losses being contained within each branch
actually this sounds like a great idea BRB gotta register some LLCs in Delaware
I would think that would be covered under antitrust legislation, but if it wouldn’t be, I guess I would pass that as part of the law.
The problem with antitrust legislation is that it rarely gets enforced.
The most common target of antitrust litigation has been unions.
Sadly, I am aware. It really sucks.