Al Sharpton Urges Congress to Drop 7-Year Home Sale Rule From Housing Bill
Updated
Updated · POLITICO · May 12
Al Sharpton Urges Congress to Drop 7-Year Home Sale Rule From Housing Bill
1 articles · Updated · POLITICO · May 12
Letters obtained by POLITICO show Rev. Al Sharpton pressing Congress to strip a provision from the Senate housing package that would force institutional investors to sell newly built single-family rental homes to individual buyers after seven years.
The push targets one of the bill’s most contested investor restrictions, adding Sharpton to a widening group of opponents who argue the language should be removed.
The dispute lands as President Donald Trump is also demanding Congress pass the broader 21st Century ROAD to Housing Act, even as lawmakers remain deadlocked with the House over how to move housing affordability legislation.
The fight underscores a broader split over whether curbing large landlords would ease affordability pressures or instead discourage investment in new single-family rental housing.
Will banning large investors from buying single-family homes solve the housing crisis or create unintended market consequences?
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