Legislation To Ban Hedge Funds From Owning Homes Finds Support
|

Legislation To Ban Hedge Funds From Owning Homes Finds Support

ByTMN Editor Reading Time: 4 minutes

By ERIN FLYNN JAY A bicameral bill that would force hedge funds out of the single-family home market is supported by some industry leaders. Last month, U.S. Sen. Jeff Merkley (D-OR) and U.S. Rep. Adam Smith (D-WA) introduced the End Hedge Fund Control of American Homes Act of 2023. If passed, it would force hedge…

Legislation To Ban Hedge Funds From Owning Homes Introduced

Legislation To Ban Hedge Funds From Owning Homes Introduced

ByTMN Editor Reading Time: 3 minutes

By KIMBERLEY HAAS A bicameral bill that would force hedge funds out of the single-family home market has been introduced. U.S. Sen. Jeff Merkley (D-OR) and U.S. Rep. Adam Smith (D-WA) introduced the End Hedge Fund Control of American Homes Act of 2023 this week, with Merkley stating, “The housing in our neighborhoods should be…

End of content

End of content