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2024-02-27 15:50:04
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Jimmy on Nostr: npub1qw54r…m037m npub1fzyms…8pkz4 I’d love to see a _temporary_ moratorium on ...

I’d love to see a _temporary_ moratorium on all single-family homes being bought for rental investments. Big rental companies snatching up multiple houses in a neighborhood drives up taxes and prices for everyone.

Enforce it through the tax code: if you rent a property within 24 months of buying it, all rental income is taxed at 90%. That would certainly cut down on investors outbidding people who want to live there.
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