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return2ozma@lemmy.world to News@lemmy.world · 1 year ago

New Legislation Proposes to Take Wall Street Out of the Housing Market

www.nytimes.com

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  • brainworms@lemm.ee
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New Legislation Proposes to Take Wall Street Out of the Housing Market

www.nytimes.com

return2ozma@lemmy.world to News@lemmy.world · 1 year ago
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  • brainworms@lemm.ee
A bill introduced in the House and Senate would prevent hedge funds from owning single-family houses in the United States.
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      • Sanyanov@lemmy.world
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        Achievement unlocked: socialism

        Though I absolutely don’t mind!

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      I kind of agree, but has this ever been done successfully? It seems to me at some point you disincentivize work to the point it all collapses

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        • calypsopub@lemmy.world
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          Right. Examples?

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            • calypsopub@lemmy.world
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              Don’t have time to separate the wheat from the chaff today. But I understand if you don’t have any actual sources to back up your assertions.

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                • calypsopub@lemmy.world
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                  So you say, and yet you still offer nothing.

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      • Maladius@lemmy.world
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        It’s a fair question. The first universal basic income experiments have just begun in the last few years. Based on this article there’s been a little success at least.
        https://globalaffairs.org/bluemarble/multiple-countries-have-tested-universal-basic-income-and-it-works

        I think we’re only recently getting to a level of technology that we need less human workforce and can still prosper when inevitably some choose not to work.

        • calypsopub@lemmy.world
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          Thanks, I am in favor of UBI, but like anything else I think the cost of everything will just rise to eat it up. With various trials going on, we should have better data soon

    • AutistoMephisto@lemmy.world
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      1 year ago

      But like, you bring up “human basic necessities” and soon the old arguments about Maslow’s Hierarchy rear their ugly head.

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