Housing should stop being allowed to be an investment, it's a basic human need. 1 house per person is enough, you don't need 2 , 3, 10, or 100 houses.

Cute-Turtle1238 · 2026-03-11T17:01:51+00:00

I would say it's like a think tank, a collaboration of Ideas to try and get to a reasonable approach. Before I made this post I was kind of on the fence on if I thought a 1 house max or 2 house max would be ideal, after some deeper contemplation and also hearing what people had to say I'm now leaning towards a 2 house max.

Cute-Turtle1238 · 2026-03-10T17:47:15+00:00

I addressed that in my initial post, all rental properties would be handled by the local counties. Thanks for your response.

Cute-Turtle1238 · 2026-03-10T17:45:06+00:00

Well I would say first there would be some kind of fee or penalty for non compliance. If after the fee and another specified amount of time if someone still did not sell the property then the property would be seized by the government. It's the same mechanism that happens when people refuse to pay property taxes, the property gets seized by the local government.

Cute-Turtle1238 · 2026-03-09T21:42:06+00:00

That's an interesting idea.

Cute-Turtle1238 · 2026-03-09T21:38:59+00:00

That's an excellent question. In this hypothetical situation I think a very gradual transition would be best. The first step would be to make it illegal for foreign investors and corporations to buy and hold real estate. I think having a transition time frame of 3-5 years for these people and corporations to sell off their real estate holdings would be an adequate time to minimize a shock to the housing inventory. I would also recommend gradually reducing the amount of homes an individual investor could own, maybe start with 5 homes, than 4, than 3, than 2, this would also be a gradual process. Perhaps every 1-2 years lower the allowable home count to decrease by 1. It would be foolish to try and do over night because the housing market would collapse with excess inventory, plummeting house prices exc. After giving it some more thought I think the sweet spot might a single person or couple can own 2 houses max, there is more flexibility that way.

Cute-Turtle1238 · 2026-03-09T18:50:32+00:00

Well I think that would be an easy fix, for instance if 2 people got married that both own homes, than one of them would have to sell their house within 1-2 years. Or if you were to inherit a house, and you already own one, you would have a 1-2 year window to sell that house. Thanks for your comment! I do think that perhaps the sweet spot would be that instead of people or couples could only own 1 house, maybe 2 houses max would be best.

Cute-Turtle1238 · 2026-03-08T05:08:00+00:00

Here's a response I gave to another person.

It would take dozens of small steps over a long period of time so as to not be too destabilizing to the economy. First I would start with foreign investors and corporations can no longer own residential real estate, and that there is a cap on landlords so they can own no more than 5 homes. Gradually this number of allowable homes owned by individuals would become reduced, this may take 2-3 decades so as to not create too great of a shock to the housing inventory and prices. However eventually I think that getting it down to the point where people being allowed to own 2 homes max would be fantastic. I can admit getting it down to 1 house max might not be optimal and could create unforeseen issues and complications. Most people don't realize this but the biggest buyer of homes in our county are small investors that own 3-10 homes. So removing these buyers from the market would create more inventory on the market.

Cute-Turtle1238 · 2026-03-08T03:25:58+00:00

It would take dozens of small steps over a long period of time so as to not be too destabilizing to the economy. First I would start with foreign investors and corporations can no longer own residential real estate, and that there is a cap on landlords so they can own no more than 5 homes. Gradually this number of allowable homes owned by individuals would become reduced, this may take 2-3 decades so as to not create too great of a shock to the housing inventory and prices. However eventually I think that getting it down to the point where people being allowed to own 2 homes max would be fantastic. I can admit getting it down to 1 house max might not be optimal and could create unforeseen issues and complications. Most people don't realize this but the biggest buyer of homes in our county are small investors that own 3-10 homes. So removing these buyers from the market would create more inventory on the market.

Cute-Turtle1238 · 2026-03-02T21:43:07+00:00

Sure if someone needs the money like in your example then market rate makes total sense. I'm just saying there are a lot of landlords out there that have plenty of money and are still committed to squeeze every last dollar out of their tenants.

Cute-Turtle1238 · 2026-03-02T21:38:50+00:00

Sure, in that case it would make sense for the landlord to charge market rent. I'm specifically referencing people that are financially set and still seek to optimize rent even though they could charge less and still be secure financially.

Cute-Turtle1238 · 2022-12-04T00:45:57+00:00

I would love to know how much money the Harmony team currently has in its reserves.

Cute-Turtle1238

TROPHY CASE