Real estate investors, both individual and institutional, bought one-third of all single-family residential properties sold in the second quarter of 2025.
I would be much more aggressive. Any home or residentially zoned property that isn’t someone’s primary residence is either surrendered, sold, or taxed at 100% of the property value per year. That would include high density housing. Homes should be owned by their occupants, not abused by the rich to exploit the poor. Landlords need to be abolished with intense prejudice. Corporate landlords, independent landlords, it doesn’t matter. Real estate as a lease or rental investment is unethical in the extreme and should not be tolerated by society.
Agreed. Even Adam Smith decried rent-seeking behavior as the bane of Capitalism. Abolish landlords, encourage more co-op housing, and renting rooms from your primary residence out, with just enough association / State provided housing to fill in the gaps.
You seem to forget that some people actually prefer to rent than own. I know people who have sold their houses and moved into apartments because they were sick of the hassle, risk, and expense of home ownership.
What’s your solution for folks who need short-term housing (for example someone relocating for work for a year, or someone going to college who doesn’t want to stay in dorms)?
I would be much more aggressive. Any home or residentially zoned property that isn’t someone’s primary residence is either surrendered, sold, or taxed at 100% of the property value per year. That would include high density housing. Homes should be owned by their occupants, not abused by the rich to exploit the poor. Landlords need to be abolished with intense prejudice. Corporate landlords, independent landlords, it doesn’t matter. Real estate as a lease or rental investment is unethical in the extreme and should not be tolerated by society.
Agreed. Even Adam Smith decried rent-seeking behavior as the bane of Capitalism. Abolish landlords, encourage more co-op housing, and renting rooms from your primary residence out, with just enough association / State provided housing to fill in the gaps.
You seem to forget that some people actually prefer to rent than own. I know people who have sold their houses and moved into apartments because they were sick of the hassle, risk, and expense of home ownership.
What’s your solution for folks who need short-term housing (for example someone relocating for work for a year, or someone going to college who doesn’t want to stay in dorms)?
State owned communities work in some places. It’s an option.