‘Chilling effect’: The housing shortage could have a money problem
Senator Bernie Moreno supports limiting corporate ownership to ensure single-family homes remain available for young buyers rather than becoming perpetual rentals.
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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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