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Senate passes bill aimed at making US housing more accessible and affordable
(www.theguardian.com)
this post was submitted on 13 Mar 2026
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Even if this exact version gets passed into law, courts are going to kill the ban on venture capital buying homes or the rich assholes will just find a loophole, and the slashing of regulations and subsidies just mean for profit developers are going to get paid taxpayer money to build barely affordable shit boxes that will fall apart in a few years
We need actual public housing and to tax the big investors out of existence
The problem is construction. America needs millions of new homes to meet demand. And this bill doesn't stop venture capital from building new homes; it just mandates that they sell those homes within seven years.
So, yes, they'll be building barely-affordable shit boxes, but those shit boxes will be designed to last exactly eight years.
Edit: correcting autocorrect-induced typos
Yep, and having seen all the ways for profit market based entities have screwed people over my entire life I think the only real answer to this problem of construction is a massive public works project. Housing healthcare education and public safety are all too important to be left up to markets.