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 legislation to prevent large corporations from snapping up single-family homes.
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tl;dr
The Senate passed a major housing bill with bipartisan support to restrict institutional investors from buying single-family homes, though economists warn it may not lower prices and could limit rental availability.
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EWElizabeth WarrenD-Massachusetts
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