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Squatters take over Gordon Ramsay hotel and pub in London
(www.theguardian.com)
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this post was submitted on 14 Apr 2024
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When the corporations own all the properties, you’ll wish there were squatters rights.
I'm strongly in favor of laws restricting how many 1-3 family homes a company can own. I think that limit should go up and down the chain of corporate ownership including parents and subsidiaries. There should be exceptions for things like worker housing, but single family homes should not be an investment opportunity for large corporations. All that does is drive up the prices and makes it harder for average people to own a home. There is no overall benefit to society.
But think of the shareholders! /s