Thursday, February 26, 2026
PMT: The One Good Idea
I could ramble on for a while about the State of the Union Address-- there was a lot going on there, and a lot of it was divisive, untrue, and/or just weird stuff for the President to be thinking about. Still, I gave myself the challenge of finding a good idea in all of this, and I did.
The plan to bar investment companies from buying up swaths of single-family homes to convert to rentals is a good one. Home ownership is a remarkable source of generational wealth, and previous administrations have encouraged home ownership (sometimes a little too enthusiastically-- ie, see the 2009 subprime mortgage crisis).
It's not a particularly conservative idea-- it limits free market actors-- but still a good one. So there's that!
