Corporations should not be allowed to buy up single family homes, worsening the housing shortage and driving prices up. We need to be able to afford buying a home!
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YES!. The ones using YOUR savings to bid against you are a big problem.
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There is a problem with this. The Corp. in question could form a LLC to sidestep the issue or allow it’s shareholders to become individual LLCs using the Corp.'s resources to purchase homes. It might be better to limit the amount of homes allowed to be purchased to rent at any one time, and ability to rescind that right at future moments. I’m thinking a NY token system like the one used for Taxi companies.