Senators Seek to Curb Wall Street Buying of Single-Family Homes
TL;DR
Senators Hawley and Merkley unveiled the Homes for American Families Act to bar investment funds with more than $150 million in assets from buying single-family homes, condos, or townhouses, with DOJ antitrust enforcement; the bill aims to ease the housing affordability crunch, excludes homebuilders, and comes as Trump and other lawmakers push to curb big investors in the housing market.
Topics:businesspolitics#antitrust#homeownership#housing#institutional-investors#politics#real-estate
- Bipartisan bill aims to block big investors from buying single-family homes CBS News
- Warren urges Trump to press GOP on reining in Wall Street’s housing purchases Politico
- The ripple effects of banning institutional purchases of single-family rentals Brookings
- Senate Democrats unveil proposal to discourage private equity ownership of homes The Hill
- Parts of west and north Harris County seeing more large investors buying homes: Report ABC13 Houston
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