I bought a house about six months ago. Kinda feeling like a mope now though because it looks like they want to make it impossible to evict anyone ever again, so I could've rented a mansion until it fell apart for a lifetime cost of just the first months rent plus a security deposit.
(Seriously, I predict renting is about to get a lot more expensive and harder to access for people without steady jobs. Basically lots more people are headed to the projects---or the streets. 🙁)
Good, does it start at 15% of the yearly #rentalIncome and go up to 50%. That ought to flush homes into people's possession (rather than the ownership of #privateEquity such as BlackStones etc)
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