This housing package includes legislation that would rein in large institutional investor purchases of single-family homes. The legislation will halt large institutional investor purchases of single-family homes, making it easier for families to buy homes and harder for powerful corporate landlords to drive up the cost of rent. Penalties imposed for violations will be used to support housing construction and assistance for first-time homebuyers.
Ban or rein in large corporate landlords and institutional investors from buying single-family homes and use penalties to support housing construction and first-time homebuyers.
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