Now do fucking apartment complexes so we can get back to local ownership, thanks. If I have to fucking rent, can we at least not have it be these faceless corporations that you can only communicate with via their website and not a fucking human.
So, what's the loophole?
Corporations can still own up to 350 homes per investor group, and they can keep the ones they already own.
They are limited to 350. The law does prevent subsidiary and shell games, at least an attempt.
So they just setup a network of mutual aid contracts between 350 groups and all use the same management vendors and spread ownership maybe?
350 is so many!!! Wtf
The democrats are always a day late and a dollar short. So basically useless.
No loophole. It’s just that the law, itself, is weaksauce bs and is mostly bluster that accomplishes little more than making politicians look good before the midterms. It’s mostly remarkable that such a huge piece of bs got passed by a supermajority and by such a hatefully divided congress, and that, right at the moment of triumph, Trump tried to sabotage it by holding it hostage to his Make Elections Corrupt Act, and refused to sign the bill.
But, because it passed with a supermajority in both houses of congress, it just became law anyway without the president’s signature, making Trump look like an even bigger embarrassment than he already is, not to mention a bigger loser than he already is. That’s what makes it such a big deal. He’s the first president who’s ever thrown this big of a bitch fit over a congressional bill he didn’t like. And still lost the fight anyway.
The bill, itself, has a few good things in it, but is mostly just meh.
But, because it passed with a supermajority in both houses of congress, it just became law anyway without the president’s signature,
Um Ackshually, the bill would have become law without the President signing it regardless of the size of the majority. The Supermajority matters because that's what it takes to override a veto.
What probably happened is he wanted to veto it, but his advisors reminded him that Congress had enough votes to override it. And he couldnt let Congress have the last word on it. So, he decided that not signing it would be the best move, depriving Congressional Republicans of what might be their last chance for a major legislative signing photo-op. But while loudly complaining about his steal-all-elections bill, he could at least pivot the conversation back to where he wanted it. And then when the housing bill finally becomes law, there is no big ceremony or to-do about it, just a bunch of nerdy socialists talking about it on their social media....
I, too, am waiting for the other shoe to drop.
Welcome to the discussion of US Politics!
Rules:
Links must be to the original source, not an aggregator like Google Amp, MSN, or Yahoo.
Example:
We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.
All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.
That's all the rules!
Civic Links
• Congressional Awards Program
• Library of Congress Legislative Resources
• U.S. House of Representatives
Partnered Communities:
• News