A Boring Dystopia

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Jeff Bezos-Backed Real Estate Company Is Launching A New Fund To Acquire More Single-Family Homes Across The U.S. (finance.yahoo.com)

submitted 11 months ago by wanderingmagus@lemmy.world to c/aboringdystopia@lemmy.world

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[–] MajorHavoc@lemmy.world 1 points 11 months ago* (last edited 11 months ago) (1 children)

Agreed on all points.

Some communities pass laws to keep investor landlords out entirely.

Amazon buying rental property might also be ruled illegal under current anti-trust laws.

I don't know the best approach, but I don't expect good things to come from Amazon getting into the landlord business.

[–] wintermute_oregon@lemm.ee 0 points 11 months ago (1 children)

Amazon isn’t involved. This is another company.

[–] MajorHavoc@lemmy.world 1 points 11 months ago (1 children)

Good point, but really beside the point.

Anyone who thinks Bezos' controlling interests in both companies won't cause public harm should consider my fine selection of bridges that I'm selling for ridiculous bargains.

[–] wintermute_oregon@lemm.ee 0 points 11 months ago

He will not cause harm because of Amazon, he will cause harm because he's Bezos.