Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 5 years ago on . Most recent reply

User Stats

50
Posts
36
Votes
Matt I.
  • Architect
  • Philadelphia, PA
36
Votes |
50
Posts

Real Estate Investing VS Socialism

Matt I.
  • Architect
  • Philadelphia, PA
Posted

Regardless of your political views, I think this is a discussion worth having. It was briefly discussed on the last BP podcast, but I wanted to open this up to the community. 

Like him or not, Bernie has a lot of traction. With COVID-19 paralyzing the American economy, Bernie's mantra of free college tuition, healthcare, and higher minimum wage will likely attract more people to his court now than in 2016. Given the current rent crisis, it would expect him to add this to his agenda.

Could there be a limit on how much profit property owners can accrue, after all expenses are covered? Could "landlording" become a more regulated/taxed industry?

Most importantly, how would one prepare for such an economic shift if this was to be our 2020 outcome?

This isn't intended to be a republican vs democrat discussion, so please try to speak about this issue from an unbiased point of view.

Looking forward to some great discussion.

Loading replies...