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Joined 1 year ago
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Cake day: July 1st, 2023

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  • I think you’re suggesting that he committed to being a 1-term president as part of his campaign. You might be remembering a bunch of sensationalized articles based on a Politico article where an unnamed “prominent advisor” said “he won’t be running for reelection” and a bunch of other mostly unnamed people also suggested he wouldn’t/shouldn’t run again. Which led to tons of other articles, which parroted it as fact.

    The Politico article even further went on to be updated after it was first published to add a quote from Biden’s deputy campaign manager and communications director at the time, which stated Biden was “not privately considering declining to run for re-election.”

    So he never made that commitment and the only official communication refuted the speculation.

    Reference Politico - Biden Single Term

    Slate even covered this recently in another article, where they were unable to locate any official commitment related to serving a single term.

    Reference Slate - Biden Single Term

    Disclaimer: I also wish we had another option, just presenting some evidence. Maybe it’ll make you feel better with your choice.











  • You’d limit Ultimate Beneficial Ownership of the properties, not direct ownership.

    I’d probably do something like: No individual or private entity may have Direct, Indirect or Ultimate Beneficial Ownership exceeding or of multiple of any of X(2-5?) Single Family properties, Y(2-3?) low density Multi-tenant properties, or Z(1-2?) high density Multi-tenant properties. Excluding the first wholely and solely owner occupied property. Excluding Ultimate Beneficial Ownership of less than A(.01-5?)% of a property. Excluding Ownership less than B(30-180?) days. Failure to comply results in forfeiture of newer ownership to REGULATOR-TBD until compliance is met. Multi-tenant properties have C (5-10?) residences

    IANAL, probably some other loopholes that need closing. But the intent would be to limit consolidated ownership of many properties. But not impact several of the more reasonable ownership structures, nor impact churn of properties. The regulator would sell whatever extra it gets to fund housing programs.