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MichMan

(17,300 posts)

3. The issue is people profiting by tens and hundreds of thousands for doing nothing but living there

Reply to Yo_Mama_Been_Loggin (Original post)

Sun Mar 20, 2022, 03:48 PM

Mar 2022

Homeowners shouldn't be able to buy a house, live in it for several years, and then sell it a huge profit for doing nothing but living in it. That kind of windfall profiteering should be taxed substantially, with the government using the proceeds to invest in more affordable housing.

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U.S. affordable housing crisis only getting worse [View all] Yo_Mama_Been_Loggin Mar 2022 OP

I serve Meals On Wheels to a rural and not wealthy population. Most are renters erronis Mar 2022 #1

Until something is done to throttle corporate America from buying homes, it's not going to get bette PortTack Mar 2022 #2

The issue is people profiting by tens and hundreds of thousands for doing nothing but living there MichMan Mar 2022 #3

George Carlin said it best PlanetBev Mar 2022 #4