this post was submitted on 31 Jan 2024
1283 points (98.3% liked)
Political Memes
5447 readers
3183 users here now
Welcome to politcal memes!
These are our rules:
Be civil
Jokes are okay, but don’t intentionally harass or disturb any member of our community. Sexism, racism and bigotry are not allowed. Good faith argumentation only. No posts discouraging people to vote or shaming people for voting.
No misinformation
Don’t post any intentional misinformation. When asked by mods, provide sources for any claims you make.
Posts should be memes
Random pictures do not qualify as memes. Relevance to politics is required.
No bots, spam or self-promotion
Follow instance rules, ask for your bot to be allowed on this community.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
How about we ban companies like Blackstone from buying up all the auction homes, lightly flipping them and then putting them back on the market as overpriced rentals?
They're a big reason for our housing shortage.
What about if we crowdfund a competitor to blackstone that rents out the houses at like a 20% discount to market rate and earmark a portion of rent collected each month for the tenants to have an equity stake in the property. Then more people would want to rent from us and eventually the vampires would lose interest. I wonder if something like that would be possible. Instead of legislating them out, we buy them out. But it does require a critical mass of people willing to set aside a bit of money that they don’t expect a market return on. But maybe if they thought of it more as charity.
You literally just described a Credit Union.
Damn it. Every good Idea I get, someone already thought of it.
The sad fact is that it is actually a good idea that should be implemented more often but the banks have worked very hard (i.e. spent millions on propaganda and lawmaking) to sow distrust in credit unions.