‘Chilling effect’: The housing shortage could have a money problem
Senator Tim Scott is a lead negotiator on the housing bill, attempting to balance institutional investor limits with legislative passage.
Part of a bigger event
Senate housing bill that takes aim at institutional investors may do little for homebuyers — and could even hurt renters5 articles·2 sources·Avg cred 85/100
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tl;dr
A legislative standoff in Congress over a proposed 7-year divestment rule for 'mega-landlords' has frozen investments in rental housing, potentially worsening the national housing shortage despite bipartisan support for reform.
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TSTim ScottR-South Carolina
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