House advances bipartisan bill capping mega-investor purchases
TL;DR
The House passed a bipartisan housing affordability bill 396-13 that would curb major investors owning 350+ single-family homes from acquiring more properties while permitting them to build additional housing; the White House supports changes intended to balance restrictions with build-to-rent provisions, but Senate approval remains uncertain amid concerns over forced sales and potential effects on homeownership.
Topics:top-newspolitics#bipartisan#build-to-rent#housing-affordability#investors#politics#single-family-homes
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- House Passes Housing Bill, Uniting on a Measure to Bring Down Costs The New York Times
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