Senate housing bill that takes aim at institutional investors may do little for homebuyers — and could even hurt renters
Senator Elizabeth Warren co-sponsored the housing legislation designed to curb corporate home ownership and lower costs for families.
Mixed
tl;dr
A bipartisan Senate bill (89-10) aims to ban institutional investors from buying single-family homes to improve affordability, though economists warn it may reduce rental options without significantly lowering home prices.
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EWElizabeth WarrenD-Massachusetts
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