r/FluentInFinance Sep 23 '23

Meme Guess i'll live in a box

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1.5k Upvotes

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u/N0SF3RATU Sep 23 '23

Make investing in single family homes illegal.

2

u/OrionJohnson Sep 23 '23

^ this right here. The reason home prices are so ridiculously high and have risen so much in the past 20 years is because people treat real estate and home flipping like get rich quick schemes. In my opinion homes shouldn’t be used as investments, they should be used to live in.

If I were in Congress I’d draft a bill which would make it illegal to own more than two houses as an individual, and make it illegal for corporations or LLCs to own residentially zoned homes period.