News@lemmy.world · 2 years ago

New Legislation Proposes to Take Wall Street Out of the Housing Market

www.nytimes.com

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New Legislation Proposes to Take Wall Street Out of the Housing Market

www.nytimes.com

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News@lemmy.world · 2 years ago

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cross-posted to:
brainworms@lemm.ee

A bill introduced in the House and Senate would prevent hedge funds from owning single-family houses in the United States.

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2 years ago
Something like 6% of US Homes are owned by Chinese Investors. More than 1 in 20 homes.

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