The US House of Representatives has passed a bipartisan housing affordability bill with a 396-13 vote, aiming to restrict large investors from purchasing single-family homes while promoting new housing construction. The White House endorsed the revised bill after the removal of a Senate provision that required major investors with 350 or more units to sell newly built rental homes within seven years. This change has garnered support from housing, rental, and construction groups.
The bill now returns to the Senate, where its future remains uncertain. Lawmakers are divided on the extent to which Congress should limit build-to-rent housing and investor ownership, reflecting ongoing debates over housing market regulations.
US House Passes Bipartisan Housing Affordability Bill
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