@lawrenceroman

Agree with you on first point, see link about Blackstone below but disagree on the policy solution, obviously the Blackstone article proves your point Owning a home can always be the American dream but it’s not for everyone, so you poison pill to force investors to sale to locals it’s a bit far fetch because you are assuming that most locals would afford to buy homes at market rates? that’s wrong. I don’t know if you have any experience or data in real estate development in distressed areas. There are a lot of distressed towns in America in need of private capital to turn them around. I worked in the design districts of Miami between 2008-2010, the Uber fancy neighborhood you see now took a lot of private investment to be what it is now. My generation Z daughter used to throw around the word “gentrification” as a negative until explain to her nobody would enjoy the Soho, Brooklyn or Bronx of the late 80s. https://finance.yahoo.com/news/blackstone-raised-rent-prices-double-115500983.html

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