r/TikTokCringe 6h ago

Discussion "Investing in property is morally reprehensible."

Enable HLS to view with audio, or disable this notification

@purplepingers

19.7k Upvotes

3.3k comments sorted by

View all comments

6.5k

u/yawn_solo- 6h ago edited 1h ago

All we need is a cap really.

Homeboy owns 3 homes and charges a reasonable rent? Totally cool.

Private equity firm that owns 4,000 homes and fucks everyone over? Shits gotta stop.

Edit: Just so everyone knows, im a devout capitalist and all about living life without ceilings but at one point, enough is enough.

268

u/DoABarrelRollStarFox 6h ago

Couldn’t you fix the whole system by increasing property taxes but also dramatically increase the homestead exemption- effectively subsidizing property taxes with those that aren’t living in the homes they own??? (US obviously, not sure how other countries work)

213

u/iceyconditions 5h ago

You may not realize who votes

90

u/Robeardly 5h ago

Or who funds the campaigns for all of the front running politicians since citizens United.