Senate housing bill that takes aim at institutional investors may do little for homebuyers — and could even hurt renters
Republican Senator Tim Scott co-sponsored the bipartisan housing supply package aimed at improving affordability and restricting institutional investors.
Article cover image
Mixed
tl;dr
The Senate passed a housing bill targeting institutional investors to improve affordability, but economists warn the ban may not lower prices and could negatively impact renters by reducing single-family rental supply.
How does this look for
TSTim ScottR-South Carolina
tap to vote
56%44%
11 votes · rated by people, not pundits
Discussion
What's your take?
Loading comments...