Large institutional investors face restrictions under proposed 21st Century ROAD to Housing Act
Updated
Updated · NPR · Apr 21
Large institutional investors face restrictions under proposed 21st Century ROAD to Housing Act
11 articles · Updated · NPR · Apr 21
The Senate-passed bill, now before the House, aims to limit institutional ownership of single-family homes, which currently accounts for less than 1% of national home purchases.
Experts warn the bill could halt build-to-rent activity and inadvertently worsen housing affordability by reducing new rental home construction, impacting both renters and first-time buyers.
While institutional investors may slightly raise local housing prices and crime, research shows they also renovate homes and expand rental options, with limited overall effect on national housing costs.
If similar housing laws failed abroad, why would this one work?
Can the new-build rental industry survive a forced seven-year sell-off?
Could removing corporate landlords actually make neighborhoods safer?
Is Wall Street the real cause of the housing crisis?
What happens to a community when corporations become the landlords?