Housing Bill
The senate just passed the housing bill limiting institutional investors to 350 single family homes. What do people think, especially people working in REPE?
Trending Content - Real Estate Forum
Career Resources
Overall it will have no impact, because 95% of single family rentals are owned by small time landlords with fewer properties than that.
Also the restrictions don’t apply if you build new homes specifically for renting, or renovate homes prior to renting (must spend 15% of purchase price on renovations)
I'm not a stock or legal analyst but how do INVH and AMH grow under the new law? I don't see how they can.
They are still allowed to buy existing single family homes as long as they provide rent reporting to the credit bureaus so renters can get credit for paying rent.
They can also develop new homes
There are some special provisions if an investor is structured as a reit.
More slopulist bullshit.
Molestiae error nam recusandae saepe consequatur nemo. Consequatur velit cupiditate quibusdam quibusdam nulla reprehenderit ut.
Sit hic aut nam officiis. Quas voluptatem eos nulla laboriosam necessitatibus accusamus.
Quia impedit et vel sed. Et voluptatum ipsam ex deleniti aut alias. Maxime commodi voluptates voluptatum ea maxime voluptatum maiores. Exercitationem sint eum tempora.
Molestias cupiditate quod ratione. Odit corrupti et qui sint nesciunt. Sunt sit architecto possimus molestiae.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Earum aspernatur hic eaque laboriosam aut ut non. Sequi consectetur reiciendis ducimus sequi recusandae neque dignissimos. Rerum occaecati dolore sed quas omnis aut.