As CBS News Atlanta previously reported, more than one in four single-family rental homes in metro Atlanta are owned by large corporate investors — more than 72,000 homes — giving the region one of the highest concentrations of institutional ownership anywhere in the United States.

Housing advocates have argued that those companies can outbid families with cash offers, reducing the number of homes available to first-time buyers while contributing to higher home prices and rents.

Warnock has repeatedly cited those trends in pushing the legislation, saying corporate investors have increasingly treated homes as financial assets instead of places for families to live.

    • Doomsider@lemmy.world
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      2 hours ago

      You didn’t expect this to actually fix the problem did you? Sorry, too much money to be made.

      • nosuchanon@lemmy.world
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        1 hour ago

        I mean any progress is a step in the right direction. It just seems that these days are Democrats are very performative. Most of their legislation has no teeth and is just for show. Enforcement of any policies is basically none.

        • trackball_fetish
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          59 minutes ago

          *always performative. There’s a reason schumers name is on Epstein’s blackmail list.

        • Doomsider@lemmy.world
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          1 hour ago

          Sounds about right, most policies are passed on their performative aspects. When you really sit down and read the law you often find the performative reason that was cited isn’t even true.

          • nosuchanon@lemmy.world
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            1 hour ago

            Unfortunately both sides do something similar, It seems that modern legislative practices lead to incredibly broad and poorly written policy that can be interpreted and almost any direction. I think it’s like that by design. But it’s so watered down and meaningless that it’s just a feel good title with a bunch of bullshit stuffed into it.

            • Doomsider@lemmy.world
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              1 hour ago

              Yes, I do believe this is done on purpose. This combined with shitty concepts like omnibus bills with riders ensures policy gets passed that should have never seen the light of the day.

              • nosuchanon@lemmy.world
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                1 hour ago

                I honestly can’t believe how much bullshit they stuff into the budget every year. I guess it’s just been accepted that every must pass tight Bill has to be stuffed chock full of the worst most vile stupid legislation ever. No politician wants to risk their career election campaign trying to pass some dystopian corporate bootlicker policies. So they just shove it every budget bill hoping that no one will read the thousands of pages to catch their loopholes.