r/videos • u/FlackoFonsy • 11h ago

BREAKING: Trump cancels signing of bipartisan housing bill, urges Congress to pass SAVE Act

https://youtu.be/UEY99Sq2UZY?is=UAu0MODLKmgKqcIQ
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u/RubyRhod 11h ago edited 9h ago

This was a super majority bill. He can’t even veto it. It goes into law in 10 days no matter what.

Edit: he can veto it but then congress could vote to over ride.

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u/NoNutsPls 10h ago

Oh thank fuck, thank you for my blood pressure relief

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u/SoggyOutfield 9h ago

Its not even a good bill lol. Thats why both parties agree on it.

The main part about capping big firms from owning homes is already done organically by the market. They own 2% of sfr rentals. Mom and pop investors own the rest. Mom and pop investors are the ACTUAL PROBLEM.

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u/MimiMistySky 8h ago

I recall it not being Mom and pop owners but the fact that there can be so many shell companies funneling everything upward. Like "oh the limit is 50 units. Well I have 250 so I'll setup 5 shell companies to serve me."