Senators Seek to Curb Wall Street Buying of Single-Family Homes
TL;DR Summary
Senators Hawley and Merkley unveiled the Homes for American Families Act to bar investment funds with more than $150 million in assets from buying single-family homes, condos, or townhouses, with DOJ antitrust enforcement; the bill aims to ease the housing affordability crunch, excludes homebuilders, and comes as Trump and other lawmakers push to curb big investors in the housing market.
- Bipartisan bill aims to block big investors from buying single-family homes CBS News
- Warren urges Trump to press GOP on reining in Wall Street’s housing purchases Politico
- The ripple effects of banning institutional purchases of single-family rentals Brookings
- Senate Democrats unveil proposal to discourage private equity ownership of homes The Hill
- Parts of west and north Harris County seeing more large investors buying homes: Report ABC13 Houston
Reading Insights
Total Reads
0
Unique Readers
2
Time Saved
4 min
vs 4 min read
Condensed
92%
777 → 60 words
Want the full story? Read the original article
Read on CBS News