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Homes Are For People Not Corporations

Coverage of Homes Are For People Not Corporations in the Nexus archive.

Earliest in view: Jun 24 · 20:03 UTCMost recent: Jun 24 · 20:03 UTC
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  • POLITICSJun 24 · 20:03 UTCFORTUNE
    Congress’s landmark housing bill could backfire on millions of renters

    Congress passed the 21st Century ROAD to Housing Act to address housing affordability by increasing supply and banning institutional investors from owning more than 350 single-family homes. However, economists warn the ban could harm low-income renters, as institutional investors own only 3% of single-family rentals and many renters cannot afford homeownership due to lower incomes and credit scores.