New Legislation Proposes to Take Wall Street Out of the Housing Market
New Legislation Proposes to Take Wall Street Out of the Housing Market
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It'll never pass, unfortunately.
If it gets through the house then I think it'll fly through the senate. Correct me if I'm wrong but a simple majority can pass this bill, and even a few Republicans would sign a bill like this.
Well, Republicans don't really have that strong of a majority in the House, given that they gave Santos the boot, and McCarthy is getting set to retire after losing the Speakership. It's also possible that by the time this makes it to the floor, McConnell may finally shuffle off this mortal coil (fingers crossed).
These bills are about forcing a conversation and forcing the cowards in the gop to go on the record with a vote against common sense bills that benefit everyday people. It's not impossible, but harder for some of the purple district representatives to go on record against something as centrist and popular as this idea.
If it got to the Senate, this is one area where you might have your mansions and sinemas having their putrid moments in the sun, but again, sometimes these are there as conversation starters, so there's value either way.
Less likely sure, but I wouldn't say NEVER here. There's also a 10 year ramp down to sell, which is ridiculously long.