Congress poised to curb investor single-family home purchases to boost housing supply

1 min read
Source: CNBC
Congress poised to curb investor single-family home purchases to boost housing supply
Photo: CNBC
TL;DR Summary

A bipartisan housing bill clearing House and Senate details would cap major investors’ purchases of single-family homes at 350 while permitting build-to-rent, omit a mandatory sell-off provision, and push for swift passage with an expected signing by month’s end. Key figures Sen. John Thune and Sen. Elizabeth Warren frame the measure as boosting supply and limiting private equity’s influence in housing as it moves toward final approval.

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