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Podcast: The Real Estate Espresso Podcast
Episode: The White House Ban On Corporate Ownership
Description: The Republican party is known for being conservative, fiscally conservative, socially conservative, religiously conservative, and so on. The latest salvo from the White House is to ban large institutional investors from gobbling up single family homes. Conservative values are based on free markets. The solution to the cost of housing is not to artificially reduce demand. Imagine for a moment that government stepped in to reduce the cost of a burger at McDonalds by barring people above a specific income level from buying a Big Mac. The assumption is that the price of housing or a Big M...