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"The property, which features a guest house and swimming pool, was purchased in 2017 for $7.25m by Glory of the Snow LLC, then managed by a hedge fund executive, the Los Angeles Times reported. It was sold to the Glory of the Snow Trust for $8.35m earlier this year."
It should be illegal for LLCs or trust funds to purchase housing of any kind.
That might be a bit too much. LLCs aren’t always evil corporations. For example, I am an LLC and bought my house with the LLC for privacy reasons. I know other people who have done the same. Not always nefarious
Perhaps require that the owner of the LLC use the house as their primary dwelling?
Or just anyone. Person or LLC. That’s fair