A California lawmaker says corporate landlords are part of the state’s housing crisis and wants to limit them to owning no more than 1,000 single-family homes.
People are putting really low limits, but I’d put the limit at between 5 and 10 for people who want to actually rent them out; that’s enough to reasonably manage. But with the caveat that they are specifically for rentals, contractually required to be rentals priced reasonably for the market.
owning more than 3 should be illegal.
People are putting really low limits, but I’d put the limit at between 5 and 10 for people who want to actually rent them out; that’s enough to reasonably manage. But with the caveat that they are specifically for rentals, contractually required to be rentals priced reasonably for the market.