Senate housing bill that takes aim at institutional investors may do little for homebuyers — and could even hurt renters
Senator Tim Scott co-sponsored the bipartisan Senate housing bill aimed at restricting institutional investors to improve affordability.
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tl;dr
The Senate passed a bipartisan housing bill aiming to curb institutional investors from buying single-family homes, though economists warn it may not lower prices and could negatively impact renters.
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TSTim ScottR-South Carolina
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