Hacker News

That is a viable means to force a quick sale at a buyer favorable price, but that would also harm other homeowners in the area because the value of comparable homes of a similar type that have sold are factored into the estimates on houses going on the market.

So say a corporation is losing 5K a week off the sale of the home, it drives the price well below market because the market conditions aren't ideal at the time. The house sells for $50k below fair value. The week after that house sells, a similar house down the street goes on the market for $50k less than it would have prior to the other house selling.

That could be a big problem for the homeowners that want to sell and could cause some big problems for foreclosed houses seized by a local bank or credit union.

I don't support that idea. I would rather forbid corporations from buying houses in their name.