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Buddyzbuddy

(3,146 posts)

26. Start a new equity firm, new corporation and get another 300 properties.

Reply to iluvtennis (Original post)

Mon Jul 13, 2026, 08:25 PM

Monday

And on and on. They need something that has teeth. Make owning more than 5-10 properties less profitable. High sales tax for owning more than
5-10 single family residences and 1-4 units. Make homeowners insurance a federal mandate, no more self insured. This would help lower the cost of homeowners insurance by making it mandatory for these investors to have equal skin in the game and spread the risk and profitability with insurance companies.

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Tracyjo

31 replies

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Highlight:

Sen. Warnock's ban on private equity firms buying single-family homes becomes federal law [View all] iluvtennis Monday OP

Phenomenal Senator Warnock! hlthe2b Monday #1

Does this bill include Condo's? at140 Monday #2

From everything I've read, moreland01 Monday #11

must the big guys sell their holdings?. rampartd Monday #3

No. moreland01 Monday #13

Yes angrychair Monday #4

Excellent - thanks @angrychair. Much appreciated. n/t iluvtennis Monday #6

That's great! It will be interesting to see if anyone tries to take credit for it. QueerDuck Monday #5

Huge step, a fantastic victory Sympthsical Monday #7

Well the days of two people coming in to purchase your house with a heavy valise are over. WorseDayEver Monday #8

A little late popsdenver Monday #9

Luckily Sen Warnock isn't a defeatist. BannonsLiver Monday #16

They need to be banned from buying hospitals too. xuplate Monday #10

Private Equity is a cancer that should be banned from existing. nt GiqueCee Monday #12

At the very least, The Madcap Monday #18

Agreed MichMan Monday #20

There are some lawyers and lobbyists with loopholes awaiting. erronis Monday #14

The headline indicating it has become Federal Law means that it applies nation-wide, not just GA. Sogo Monday #15

TY 🙏 n/t iluvtennis Monday #24

Does nothing for other rentals, though buzzycrumbhunger Monday #17

Assuming I understand this correctly, this is a wonderful piece of legislation Scalded Nun Monday #19

As long as they don't own more than 349 houses, they can continue buying. MichMan Monday #21

Sounds great but csusan Monday #22

Interesting MichMan Monday #23

excellent news! LymphocyteLover Monday #25

Start a new equity firm, new corporation and get another 300 properties. Buddyzbuddy Monday #26

If an elderly homeowner with no mortgage doesn't want homeowners insurance MichMan Monday #28

You're correct. This should apply to investors of properties Buddyzbuddy Monday #29

Truly outstanding. This entire bill was passed very bipartisan in both houses underpants Monday #27

Federal law should apply nationwide. live love laugh 20 hrs ago #30

Republicans will try to steal credit. live love laugh 19 hrs ago #31