Markets
Wednesday, 6/24, 01:28 AM
Does the Housing Bill Really Ban Wall Street From Buying Homes? Mostly — With Big Asterisks
- The Senate-passed 21st Century ROAD to Housing Act would bar the largest institutional landlords from buying more single-family homes, but the restriction is narrower than the rhetoric: it covers only firms holding 350-plus houses, exempts the homes they already own, carves out new-construction and build-to-rent purchases, and targets a slice of the market that, nationally, is small.