I can't say too much, speaking up is probably a bad idea, but people should know. There are people, probably in your neighborhood, whose employment is to house hop. Their only there for a few days, their story is typically some crap about needing a place between home and "here" to see family, or to see sick mom etc etc. BUT, all they do is float between houses that are owned by large corporations as "investments". Same Corporations that purchases homes for sometimes 20%-30% more than their valued at. Entire neighborhoods....
You could say that it's just a conspiracy theory, well it's no theory. I can guarantee there's at least one within 5 miles of where you live. They keep the properties up, cut the grass, maintain the landscaping and in turn get to be nomads but living a pretty lavish life. Not a bad gig.... BUT.... The nefarious reasons why they do this if ever exposed would mean the public will also realize why employers cannot find help these days.
Your all pretty quick, I'm sure you can imagine what I mean. Just wait until a nice group of foreign "immigrants" move in, that's next folks.
Carry On!!! And for all of our sakes HOLD ONTO YOUR LAND!! PUT IT IN A TRUST!! DON'T GET TEMPTED BY THE MONEY, YOU WON'T BE ABLE TO BUY ANOTHER ONE WITHOUT GOING BROKE.
America, their using our passive learned respectful minding of our own business against us. If you have a moonlighter in your neighborhood, go say hello, and when they tell you their story you'll remember this post.
Sorry. I explained because you asked if they were suggesting that companies were kidnapping, killing and robbing them so I assumed you were genuinely curious and asking.
Same problem here in Georgia...undermining home ownership...to force people into 15 minute cities...or homeless works too...the rents are astronomical...sad state of affairs for those over their head in debt...
ALSO...they are building apartments and town homes like CRAZY........for who????
Same here in NC. Just an endless stream of ugly subdivisions and apartment complexes in what used to be a beautiful area, all to appease the wealthy Northerners moving here to escape the liberal hellholes they helped to create. I live near the Crystal Coast, but most locals call it the Condominium Coast now because it's so overbuilt and ugly and built to entertain the nouveau riche Yankee. I'm a conservative who cares about the environment, and it disgusts me how they're destroying the wetlands and coastal forests in this region.
In my mind, anyone who calls himself an investor or a developer is like the government. "I'm a developer and I'm here to improve your community" are words to fear.
"Same here in NC. Just an endless stream of ugly subdivisions and apartment complexes in what used to be a beautiful area, all to appease the wealthy Northerners moving here to escape the liberal hellholes they helped to create."
I believe it. I know it's not just in the South, although we're taking the brunt of the influx right now. It's happening anywhere that's rural, traditional, quaint, and beautiful, all things that liberals find temporarily amusing but will ultimately destroy in order to put up a subdivision, strip mall, or day spa.
Or like our narcissistic neighbors, just to be a nuisance! 4 wheeler, chainsaws, motors revving until past midnight, music blasting, kids screaming. They moved into our quiet little street and are causing drama.
Yeah, there's a pandemic of rudeness and self-centeredness that has infected this nation. People don't care about others and only care about amusing themselves. I rarely leave my house anymore except to go to work.
Fellow native Carolinian here. It's a dang shame what these developers and Yankees are doing to our state. It's disgusting what's happened to the triangle area, in the name of modernizing/urbanization.
I feel you. All we have to do is look to our neighbors in Virginia to see what's going to be our reality in just a few short years. NY transplants destroyed VA and it's coming here now. I'm a teacher, and most of my students are from NY, PA, OH, MA, and even CA. It's so disheartening. True Southern culture, which is a fragile and rare thing that our grandparents still knew, will be gone in a few years. And that's why Vanguard/BlackRock are doing this, to kill our culture and tradition and make us one ugly neo-American monolith.
I don't think there's anywhere to go that's truly safe from this disease at this point. I pray that part of the Great Awakening will be an end to this trend and some relief for those of us who value tradition and keeping our communities intact. Maybe some of us need to start a Keep North Carolina North Carolina group, lol. Voting for Mark Robinson and keeping our state super-red is a good start, too. Drives away the worst of the worst, like the light drives out the darkness.
I absolutely agree. The corporatizing of American towns and neighborhoods is ruining this country, on a cultural level and on a personal level for people who are being priced out of their own hometowns. So-called investors, and I include people who do business with companies like Airbnb and Vrbo, can all go to hell for their part in the destruction of the US.
We need to have a robust debate about whether corporations serve any real net benefit to society. They seem designed mostly to avoid lawsuits and personal responsibility for our actions.
Would everything be better if we had to conduct business in our real names?
I'd argue that in this instance it's not the corporations owning property that is the issues but rather their connection to unlimited free interest loans and guaranteed bailouts in failure.
Budweiser and Target execs are avoiding responsibility while destroying company value.
Do you dispute that these are examples of using corporate personhood to duck liability? What's some of the most common advice given to small business owners? "Form an LLC so you can reduce liability.
Merriam-Webster defines fascism as "a political philosophy, movement, or regime that exalts nation and often race above the individual and that stands for a centralized autocratic government headed by a dictatorial leader, severe economic and social regimentation, and forcible suppression of opposition".
I'm not sure what corporations have to do with fascism, other than that perhaps power in some instances ends up being centralized within them. But then wouldn't an equivalent statement be: "People are by definition fascism", or "Countries are by definition fascism". What the fascism manifests in is irrelevant, right?
You’re confused. Fascism isn’t some political or economic model. It’s merely the absence of government recognized and protected rights. Rule by the whims of those in power without regard for the interests of this who are ruled. All dictatorship are fascist states. No communist state gets to be a communist state without fascism. In other words: force. A good alternative to the word fascism would be force-ism. Another word for force-ism is slavery. When a government rules a people and does whatever they want to them without legal recourse, you have fascism. Period. Communism is an economic model whose creator knew was unsustainable and would wreak economic havoc on anyone who tried it. Socialism is merely the first big step in communism, where the government doesn’t take complete control over the means of production yet, but taxes the free market so much it creates unemployment. They then use that money that creates the unemployment to pay for the unemployed, which encourages more people to leave employment in favor of free money. They then need to tax the free market more in order to keep up with demand, hurting their economy more and driving up unemployment. Things get so bad that people become convinced the only solution is to hand complete economic control over to the government. But the only way that works is if everyone does exactly what the government says regardless of what they themselves want. But there’s no way to get everyone to do that except force then to (force-ism = fascism). But many people refuse to be forced, which is why communist regimes, which are all fascist/force-ist, always wind up murdering millions of people. Plus it was their plan all along anyway. They just never tell you that.
So fascism isn’t in the same category as socialism and communism. Those are economic models. They’re poison pill models that don’t work, even when people are forced to go along with it. They’re designed to be nation crushers inherently and that’s what they do. But fascism is merely force-ism. Taking away people’s rights without due process. There’s no real rule of law that people can rely on. It’s whatever dear leader or the party or whoever is in charge happens to want that day.
Yeah you’re still confused. Like I said, it’s a slave state, and your quote there agrees with me. You have no rights but what the whims of the totalitarian government, whatever specific form it may take, awards you. Hitler’s Germany was a dictatorship. You ran your business yes but only at the behest of the party. At any moment and for any reason they could take your business and give it to someone else, or arrest or kill you and your family and you had nobody to appeal to. Fascism is dictatorship, period. All communist regimes were fascist regimes. Fascism is not an economic model it’s a governing model. Do you see the difference? Like all thumbs are fingers but not all fingers are thumbs. Sometimes fascist regimes try to instill a communist economic model and sometimes they just let trade go on normally but step in whenever they feel like it and chooser the winners and losers and there’s nothing the peasants can do about it.
Communist regimes are all fascist regimes but not all fascist regimes try to implement communism. All thumbs are fingers but not all fingers are thumbs.
If you think I’m wrong try explaining yourself in your own words rather than relying on someone else’s to do your arguing for you.
I think corporations are fine but everyone that works for a company should own a percentage so that everyone has to own the decisions. Anything bad the company does can be charged against any or everyone that works there if they know and don’t report it.
Would force every employee to be honest and to speak up if they catch their employee doing stuff like Twitter censoring MAGA voices or things like that.
How the fuck is wanting people to have a stake in the company they work for socialism?! I’m talking about people WORKING. Not being lazy and getting paid by the government.
I’m angry because I’m getting called a socialist when I haven’t said anything about the government giving people money.
And I don’t have any experience with owning a company. Just working at one. I just graduated. If my ideas is bad, explain why. Don’t be a dick.
Edit: also, when I said I want employees to be responsible for the company I mean they should have to suffer consequences when the allow things to happen or don’t speak up. This will make people stand up and stop companies from doing illegal things, right? Like if people had to face the consequences of breaking peoples 1st amendment right then they probably wouldn’t.
So you would split the consequences of Microsoft across 200,000 people?
If you think I'm being a dick for asking simple questions then I'm here to tell you you're simply not prepared for a handling the consequences of a business.
I appreciate that you're passionate. We're probably in the same page that corporate power is simply too powerful. But spreading the means of production amongst the workers is literally one of the keys of socialism/communism.
I think if all 20,000 of those people knew of and allowed a crime to happen, then yes. They should all face consequences.
And I’m not saying give government control of business but instead make it so all workers are pressured to do what’s right instead of ignoring problems and keeping silent.
Imagine if a Twitter employee knew they could be held responsible for censoring people? Or a Dominion employee knew they’d go to jail for rigging the election? They’d whistleblow in a minute! Right now they all feel immortal because only higher ups will face consequences.
That almost sounds like a form of slavery. What a novel concept.
Your honor, my company declares it's freedom from our corporate masters, based on the 13th amendment of the US constitution. And my corporation who has suffered at the hands of our corporate masters, also demand reparations, because....well, because why not reparations too?
Agree. Every time I get a text form someone saying they are interested in buying a certain piece of property I have I call them a scum bag for working for Globalist Real Estate Investors whose aim is to eliminate private property ownership.
Could be tough/challenging policing considering you might have good peeps buying/financing via their LLC and such. But since I take it you are referring to Blackrock types, absolutely. I do believe the shit these fuckers are pulling will come back to benefit many though...through asset seizure/forfeiture and essentially put them back into the peoples hands for pennies on the dollar eventually....hopefully...
I don't care. What's the play? They're buying it in the hope that the price increases so they can flip it? Same thing many individual real estate speculators do. It's not without risk for the corporations. The value may not increase and maintaining property can have a lot of expenses. Are they leaving the houses empty? So they sink a big capital investment into something that doesn't generate income but does generate expenses in the hope that some day in the future they can sell it and finally make a profit? Or are they renting these properties? That has it's own issues. You've got to deal with the tenants and that can massively backfire. And getting out of a property investment can have costs too. You've got find a willing buyer which can cost money. I can flip stocks in my etrade account instantly for a $7 broker fee. And I don't have to mow the lawn on my stock portfolio.
While I strongly dislike what a lot of corporations do with residential property after they own it, what is the alternative here?
Should private property owners be restricted by law from selling their property [to a corporation] just because of local zoning laws? I don't think so.
The real solution is to stop corporations from existing in the first place. The only reason they rise to power and stay there is governmental interference.
Do we allow a Chinese company to buy entire neighborhoods, cities, and states worth of real estate?
The East India trading company became so powerful they had absolute leverage over the British empire. They could pretty much kidnap people and enforce them to work for their Navy. They were more powerful than many nations.
Do we just allow Bill Gates to buy up every piece of cattle in the United States and force vax them?
De we allow him to become so powerful that he can just buy up all of the grocery stores, remove all the animal proteins, and forces to eat bugs and processed lab meat?
Foreign entities should never be allowed to buy land in America, under any circumstances.
But, if US citizens want to sell their property to domestic miscreants, like Bill Gates, then that is their legal right to do so. The bigger problems happen when corporations buy large swaths of land, and in effect create real estate monopolies. That's an issue that needs to be tackled with existing laws, or by expanding laws dealing with monopolies, not by infringing on the rights of property sellers.
No, that's not what you're trying to tell me. You've ignored the main point of my comment and are arguing from the edge.
We both agree that large companies, people with crap tons of money, and entities that have enough money or power to adversely affect the rest of us should NOT own large portions of ANY asset in our country, including real estate.
There are only two ways to approach that concept, legislatively. Either a blanket law that affects all corporations equally, or a law that distinguishes between
a $100B mega corporation, and PompeiusMagnus Real Estate, Inc.
I'm not rich. I'm not Bill Gates. If the intent of your proposed law is to prevent people like Bill Gates from buying everything up, why do I have to suffer for it?
At the same time, without the protection that a corporation or LLC provides, some moron tenant might fall down the stairs and sue me personally for everything I own, including my personal assets, which would make it almost impossible to safely be a small landlord.
Sorry, but I'm going to defend my interests, as I assume you would as well.
My friend, you are entitled to your own opinion, regardless how wrong it may be.
"Laws should be uniform for everyone".
So, you're advocating for every person to pay the same amount of taxes, regardless of income?
You're advocating for felons to have access to firearms?
You're advocating for convicted child molesters to be allowed to work in day cares after they have "paid their debt to society"?
You're advocating for people with multiple DUIs to still be able to drive?
You're advocating for drag queens to hold story hour in libraries? I mean, if anyone else can hold story hour, and if we have laws that are uniform to all, then that is what you are advocating for, right?
No, of course you're not, but this would be the result if our "laws were uniform for everyone". Try thinking deeper than the surface level you seem to be limiting yourself to, and try to envision the unintended consequences of your position.
I can't say too much, speaking up is probably a bad idea, but people should know. There are people, probably in your neighborhood, whose employment is to house hop. Their only there for a few days, their story is typically some crap about needing a place between home and "here" to see family, or to see sick mom etc etc. BUT, all they do is float between houses that are owned by large corporations as "investments". Same Corporations that purchases homes for sometimes 20%-30% more than their valued at. Entire neighborhoods....
You could say that it's just a conspiracy theory, well it's no theory. I can guarantee there's at least one within 5 miles of where you live. They keep the properties up, cut the grass, maintain the landscaping and in turn get to be nomads but living a pretty lavish life. Not a bad gig.... BUT.... The nefarious reasons why they do this if ever exposed would mean the public will also realize why employers cannot find help these days.
Your all pretty quick, I'm sure you can imagine what I mean. Just wait until a nice group of foreign "immigrants" move in, that's next folks.
Carry On!!! And for all of our sakes HOLD ONTO YOUR LAND!! PUT IT IN A TRUST!! DON'T GET TEMPTED BY THE MONEY, YOU WON'T BE ABLE TO BUY ANOTHER ONE WITHOUT GOING BROKE.
America, their using our passive learned respectful minding of our own business against us. If you have a moonlighter in your neighborhood, go say hello, and when they tell you their story you'll remember this post.
He’s saying that companies are paying people to pretend to live in homes and that’s why no one wants to work at other jobs.
Sorry. I explained because you asked if they were suggesting that companies were kidnapping, killing and robbing them so I assumed you were genuinely curious and asking.
Next time I’ll ignore you.
Yeah, I don’t disagree with you. I was just explaining what the person meant because you seemed very confused.
Same problem here in Georgia...undermining home ownership...to force people into 15 minute cities...or homeless works too...the rents are astronomical...sad state of affairs for those over their head in debt...
ALSO...they are building apartments and town homes like CRAZY........for who????
Same here in NC. Just an endless stream of ugly subdivisions and apartment complexes in what used to be a beautiful area, all to appease the wealthy Northerners moving here to escape the liberal hellholes they helped to create. I live near the Crystal Coast, but most locals call it the Condominium Coast now because it's so overbuilt and ugly and built to entertain the nouveau riche Yankee. I'm a conservative who cares about the environment, and it disgusts me how they're destroying the wetlands and coastal forests in this region.
In my mind, anyone who calls himself an investor or a developer is like the government. "I'm a developer and I'm here to improve your community" are words to fear.
Agreed so strongly here in California. You are on point.
"Same here in NC. Just an endless stream of ugly subdivisions and apartment complexes in what used to be a beautiful area, all to appease the wealthy Northerners moving here to escape the liberal hellholes they helped to create."
Uh-huh. See Also: Vermont.
I believe it. I know it's not just in the South, although we're taking the brunt of the influx right now. It's happening anywhere that's rural, traditional, quaint, and beautiful, all things that liberals find temporarily amusing but will ultimately destroy in order to put up a subdivision, strip mall, or day spa.
Or like our narcissistic neighbors, just to be a nuisance! 4 wheeler, chainsaws, motors revving until past midnight, music blasting, kids screaming. They moved into our quiet little street and are causing drama.
Yeah, there's a pandemic of rudeness and self-centeredness that has infected this nation. People don't care about others and only care about amusing themselves. I rarely leave my house anymore except to go to work.
Amen to this ^^^^ We live in the same area and this is 100% truth.
Fellow native Carolinian here. It's a dang shame what these developers and Yankees are doing to our state. It's disgusting what's happened to the triangle area, in the name of modernizing/urbanization.
I feel you. All we have to do is look to our neighbors in Virginia to see what's going to be our reality in just a few short years. NY transplants destroyed VA and it's coming here now. I'm a teacher, and most of my students are from NY, PA, OH, MA, and even CA. It's so disheartening. True Southern culture, which is a fragile and rare thing that our grandparents still knew, will be gone in a few years. And that's why Vanguard/BlackRock are doing this, to kill our culture and tradition and make us one ugly neo-American monolith.
I plan on leaving soon, but trying to figure out where to go 😔 I guess somewhere where's there's really nothing around. It's depressing
I don't think there's anywhere to go that's truly safe from this disease at this point. I pray that part of the Great Awakening will be an end to this trend and some relief for those of us who value tradition and keeping our communities intact. Maybe some of us need to start a Keep North Carolina North Carolina group, lol. Voting for Mark Robinson and keeping our state super-red is a good start, too. Drives away the worst of the worst, like the light drives out the darkness.
Amen
SC too. Fighting this in my rural county
Communists gonna commie. No homes for anyone. Sleep pods for everyone.
I absolutely agree. The corporatizing of American towns and neighborhoods is ruining this country, on a cultural level and on a personal level for people who are being priced out of their own hometowns. So-called investors, and I include people who do business with companies like Airbnb and Vrbo, can all go to hell for their part in the destruction of the US.
We need to have a robust debate about whether corporations serve any real net benefit to society. They seem designed mostly to avoid lawsuits and personal responsibility for our actions.
Would everything be better if we had to conduct business in our real names?
I'd argue that in this instance it's not the corporations owning property that is the issues but rather their connection to unlimited free interest loans and guaranteed bailouts in failure.
Sackler's avoided responsibility:
https://www.bbc.com/news/world-us-canada-65764307
Goldman Sachs avoided responsibility:
https://www.sec.gov/news/press/2010/2010-123.htm
Wells Fargo employees avoided responsibility for their fraud:
https://www.nytimes.com/2023/05/16/business/wells-fargo-shareholder-class-action-settlement.html
Equifax employees avoided responsibility for compromising our personal information:
https://www.ftc.gov/enforcement/refunds/equifax-data-breach-settlement
Bank of America avoided responsibility for selling personal data to the government:
https://nypost.com/2021/02/05/calls-for-bank-of-america-boycott-grow-after-data-given-to-fbi/
Budweiser and Target execs are avoiding responsibility while destroying company value.
Do you dispute that these are examples of using corporate personhood to duck liability? What's some of the most common advice given to small business owners? "Form an LLC so you can reduce liability.
Merriam-Webster defines fascism as "a political philosophy, movement, or regime that exalts nation and often race above the individual and that stands for a centralized autocratic government headed by a dictatorial leader, severe economic and social regimentation, and forcible suppression of opposition".
I'm not sure what corporations have to do with fascism, other than that perhaps power in some instances ends up being centralized within them. But then wouldn't an equivalent statement be: "People are by definition fascism", or "Countries are by definition fascism". What the fascism manifests in is irrelevant, right?
You’re confused. Fascism isn’t some political or economic model. It’s merely the absence of government recognized and protected rights. Rule by the whims of those in power without regard for the interests of this who are ruled. All dictatorship are fascist states. No communist state gets to be a communist state without fascism. In other words: force. A good alternative to the word fascism would be force-ism. Another word for force-ism is slavery. When a government rules a people and does whatever they want to them without legal recourse, you have fascism. Period. Communism is an economic model whose creator knew was unsustainable and would wreak economic havoc on anyone who tried it. Socialism is merely the first big step in communism, where the government doesn’t take complete control over the means of production yet, but taxes the free market so much it creates unemployment. They then use that money that creates the unemployment to pay for the unemployed, which encourages more people to leave employment in favor of free money. They then need to tax the free market more in order to keep up with demand, hurting their economy more and driving up unemployment. Things get so bad that people become convinced the only solution is to hand complete economic control over to the government. But the only way that works is if everyone does exactly what the government says regardless of what they themselves want. But there’s no way to get everyone to do that except force then to (force-ism = fascism). But many people refuse to be forced, which is why communist regimes, which are all fascist/force-ist, always wind up murdering millions of people. Plus it was their plan all along anyway. They just never tell you that.
So fascism isn’t in the same category as socialism and communism. Those are economic models. They’re poison pill models that don’t work, even when people are forced to go along with it. They’re designed to be nation crushers inherently and that’s what they do. But fascism is merely force-ism. Taking away people’s rights without due process. There’s no real rule of law that people can rely on. It’s whatever dear leader or the party or whoever is in charge happens to want that day.
Yeah you’re still confused. Like I said, it’s a slave state, and your quote there agrees with me. You have no rights but what the whims of the totalitarian government, whatever specific form it may take, awards you. Hitler’s Germany was a dictatorship. You ran your business yes but only at the behest of the party. At any moment and for any reason they could take your business and give it to someone else, or arrest or kill you and your family and you had nobody to appeal to. Fascism is dictatorship, period. All communist regimes were fascist regimes. Fascism is not an economic model it’s a governing model. Do you see the difference? Like all thumbs are fingers but not all fingers are thumbs. Sometimes fascist regimes try to instill a communist economic model and sometimes they just let trade go on normally but step in whenever they feel like it and chooser the winners and losers and there’s nothing the peasants can do about it.
Communist regimes are all fascist regimes but not all fascist regimes try to implement communism. All thumbs are fingers but not all fingers are thumbs.
If you think I’m wrong try explaining yourself in your own words rather than relying on someone else’s to do your arguing for you.
I think corporations are fine but everyone that works for a company should own a percentage so that everyone has to own the decisions. Anything bad the company does can be charged against any or everyone that works there if they know and don’t report it.
Would force every employee to be honest and to speak up if they catch their employee doing stuff like Twitter censoring MAGA voices or things like that.
That's the most socialism I've ever read on these forums. But you are a handshake account so it makes sense
How the fuck is wanting people to have a stake in the company they work for socialism?! I’m talking about people WORKING. Not being lazy and getting paid by the government.
Have you ever owned a company? Have you ever hired people?
I've done both.
Working for a company, and being responsible and taking liability for said company are two completely different ideas.
Also the fact that you're so angry tells me you're definitely a troll account or a sleeper socialist.
I’m angry because I’m getting called a socialist when I haven’t said anything about the government giving people money.
And I don’t have any experience with owning a company. Just working at one. I just graduated. If my ideas is bad, explain why. Don’t be a dick.
Edit: also, when I said I want employees to be responsible for the company I mean they should have to suffer consequences when the allow things to happen or don’t speak up. This will make people stand up and stop companies from doing illegal things, right? Like if people had to face the consequences of breaking peoples 1st amendment right then they probably wouldn’t.
So you would split the consequences of Microsoft across 200,000 people?
If you think I'm being a dick for asking simple questions then I'm here to tell you you're simply not prepared for a handling the consequences of a business.
I appreciate that you're passionate. We're probably in the same page that corporate power is simply too powerful. But spreading the means of production amongst the workers is literally one of the keys of socialism/communism.
I think if all 20,000 of those people knew of and allowed a crime to happen, then yes. They should all face consequences.
And I’m not saying give government control of business but instead make it so all workers are pressured to do what’s right instead of ignoring problems and keeping silent.
Imagine if a Twitter employee knew they could be held responsible for censoring people? Or a Dominion employee knew they’d go to jail for rigging the election? They’d whistleblow in a minute! Right now they all feel immortal because only higher ups will face consequences.
I'm normally a proponent of a free market, but corporations buying up real estate fucks We The People SOOO BAD, that it cannot continue.
That almost sounds like a form of slavery. What a novel concept.
Beware of the leasing companies offers to lease your home too.
Yep. Permanent own nothing, be happy for the lease-e and owner.
Agree. Every time I get a text form someone saying they are interested in buying a certain piece of property I have I call them a scum bag for working for Globalist Real Estate Investors whose aim is to eliminate private property ownership.
Bless you. This is the way.
Could be tough/challenging policing considering you might have good peeps buying/financing via their LLC and such. But since I take it you are referring to Blackrock types, absolutely. I do believe the shit these fuckers are pulling will come back to benefit many though...through asset seizure/forfeiture and essentially put them back into the peoples hands for pennies on the dollar eventually....hopefully...
😂😂 only way people will listen these days!
Agree 100%.
I don't care. What's the play? They're buying it in the hope that the price increases so they can flip it? Same thing many individual real estate speculators do. It's not without risk for the corporations. The value may not increase and maintaining property can have a lot of expenses. Are they leaving the houses empty? So they sink a big capital investment into something that doesn't generate income but does generate expenses in the hope that some day in the future they can sell it and finally make a profit? Or are they renting these properties? That has it's own issues. You've got to deal with the tenants and that can massively backfire. And getting out of a property investment can have costs too. You've got find a willing buyer which can cost money. I can flip stocks in my etrade account instantly for a $7 broker fee. And I don't have to mow the lawn on my stock portfolio.
While I strongly dislike what a lot of corporations do with residential property after they own it, what is the alternative here?
Should private property owners be restricted by law from selling their property [to a corporation] just because of local zoning laws? I don't think so.
The real solution is to stop corporations from existing in the first place. The only reason they rise to power and stay there is governmental interference.
Do we allow a Chinese company to buy entire neighborhoods, cities, and states worth of real estate?
The East India trading company became so powerful they had absolute leverage over the British empire. They could pretty much kidnap people and enforce them to work for their Navy. They were more powerful than many nations.
Do we just allow Bill Gates to buy up every piece of cattle in the United States and force vax them?
De we allow him to become so powerful that he can just buy up all of the grocery stores, remove all the animal proteins, and forces to eat bugs and processed lab meat?
Foreign entities should never be allowed to buy land in America, under any circumstances.
But, if US citizens want to sell their property to domestic miscreants, like Bill Gates, then that is their legal right to do so. The bigger problems happen when corporations buy large swaths of land, and in effect create real estate monopolies. That's an issue that needs to be tackled with existing laws, or by expanding laws dealing with monopolies, not by infringing on the rights of property sellers.
What, you have something against agenda 2030? You hate the earth.
Like the Colonia north of Houston?
Understandable, but very short-sighted.
I own 4 properties that I rent out. They are owned by a corporation that I set up to shield my personal assets in case one of my tenants sues me.
I think far more important is that we create a legal distinction between gigantic corporations and small, family owned businesses.
Should Bill Gates he able to purchase 25% of Americans farmland? Enough the money he makes of that purchase 50% of real estate?
Should Rockefeller be able to have owned all the trains, railroads, and then charge whatever on oil?
I guess you neglected to read my third paragraph. That’s okay, I understand reading comprehension can be hard for some people.
Are Bill Gates or Rockefeller gigantic corporations, or are they two individuals?
What constitutes as a family owned business? Less than 50 employees?
What stops those top earners of that small family owned business from splitting off into their own corp or LLC, and purchasing more homes?
There's always ways around the system. That's what I'm trying to tell you.
No, that's not what you're trying to tell me. You've ignored the main point of my comment and are arguing from the edge.
We both agree that large companies, people with crap tons of money, and entities that have enough money or power to adversely affect the rest of us should NOT own large portions of ANY asset in our country, including real estate.
There are only two ways to approach that concept, legislatively. Either a blanket law that affects all corporations equally, or a law that distinguishes between a $100B mega corporation, and PompeiusMagnus Real Estate, Inc.
I'm not rich. I'm not Bill Gates. If the intent of your proposed law is to prevent people like Bill Gates from buying everything up, why do I have to suffer for it?
At the same time, without the protection that a corporation or LLC provides, some moron tenant might fall down the stairs and sue me personally for everything I own, including my personal assets, which would make it almost impossible to safely be a small landlord.
Sorry, but I'm going to defend my interests, as I assume you would as well.
You want to take the blindfold off justice and make her use that sword on entities with more money than you. Nice.
Yep. A small business should not have the same kind of regulation as a Walmart or a McDonalds.
And having different regulations for differing sizes of businesses is HARDLY “removing the blindfold of justice”, you drama queen.
Well I disagree with you completely. Laws should be uniform for everyone. A "small" business can poison or rob you as well as a large one.
My friend, you are entitled to your own opinion, regardless how wrong it may be.
"Laws should be uniform for everyone".
So, you're advocating for every person to pay the same amount of taxes, regardless of income?
You're advocating for felons to have access to firearms?
You're advocating for convicted child molesters to be allowed to work in day cares after they have "paid their debt to society"?
You're advocating for people with multiple DUIs to still be able to drive?
You're advocating for drag queens to hold story hour in libraries? I mean, if anyone else can hold story hour, and if we have laws that are uniform to all, then that is what you are advocating for, right?
No, of course you're not, but this would be the result if our "laws were uniform for everyone". Try thinking deeper than the surface level you seem to be limiting yourself to, and try to envision the unintended consequences of your position.
Your examples are all crap.