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 housing bill aimed at restricting institutional investors to improve homebuyer affordability.
Article cover image
Mixed
tl;dr
A bipartisan Senate bill aims to ban institutional investors from buying single-family homes to improve affordability, but economists warn the move may reduce rental options without significantly lowering home prices for first-time buyers.
How does this look for
TSTim ScottR-South Carolina
tap to vote
57%43%
9 votes · rated by people, not pundits
Discussion
What's your take?
Loading comments...