this post was submitted on 16 Jan 2024
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[โ€“] [email protected] 2 points 2 weeks ago

Cooperations should not be allowed to purchase residential property

Black Rock, Blackstone Group: Hold my real-estate ๐Ÿ™๏ธ๐Ÿ™๏ธ๐Ÿ™๏ธ

[โ€“] [email protected] 2 points 1 year ago

Hmm, I think large corporations should never be allowed to purchase residences though anyone is allowed to create a corporation in the US you'll just need to declare a CEO, COO, and a treasurer. This could be a simple mom-and-pop family business with 3-4 people/employees, this could prevent a lot of normal people/small business owners struggling to create a profit from purchasing workspaces, their own home, work equipment.

[โ€“] [email protected] 1 points 1 year ago (2 children)

Huh, I thought this was about corporations tearing down apartments to build offices, but apparently that's not what everyone else was thinking.

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[โ€“] [email protected] 1 points 1 year ago

Hotels used to be where you lived if you were young and semi-transient. This worked because AirBNB had not yet been invented.

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