Votes and Verdicts: Proposed Ban on Institutional Home Ownership
The Trump administration is seeking to ban large institutional investors from buying single-family homes to improve housing affordability. Proposed Senate legislation, part of the 21st Century ROAD to Housing Act,...
By Mariam Traore · Bloomberg
The Trump administration is seeking to ban large institutional investors from buying single-family homes to improve housing affordability. Proposed Senate legislation, part of the 21st Century ROAD to Housing Act, would allow limited exceptions for large investors planning major renovations and others who operate build-to-rent communities. In both cases, investors would have to sell the homes within seven years. Will this bill become law? What could it mean for companies that own single-family r