Recent legislative efforts aim to restrict large investors, including hedge funds, from purchasing single-family homes in the United States. This action comes in response to concerns that such investments by Wall Street entities have driven up home prices and affected the availability of homes for individual buyers. Despite a significant increase in homeownership rates over the past eight years, with individual homebuyers gaining market share, lawmakers are pushing for regulations to prevent a recurrence of market distortions caused by institutional investments.
Large institutional investors have effectively stopped buying single family homes in the US (it was never a very large share, regardless), so of course now pols want to regulate them and their smaller counterparts: https://t.co/SbNxJSYyov https://t.co/I7KWR7LipQ
Some lawmakers say investors that scooped up hundreds of thousands of houses to rent out are driving up home prices. They want to stop it from ever happening again. https://t.co/zvHSBGa8Tk https://t.co/zvHSBGa8Tk
Lawmakers want to ban Wall Street from buying up more single-family homes across the US https://t.co/ksTlObm2Rb https://t.co/ot1jgaCjqV
End of the Wall Street landlord? Lawmakers take aim at hedge funds scooping up family homes to rent out https://t.co/zLDt9eiHGH https://t.co/azimGNKEet
America, we have a problem. According to the government's own data, individual homebuyers have outmuscled investors over the last eight years-- gaining market share and pushing up the homeownership rate to some of the highest levels in history outside of the bubble / GFC years.… https://t.co/LauTI46uHg