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.
Soluta delectus error voluptatem optio ab voluptatem at explicabo. Ducimus neque enim et. Animi doloremque dolorum molestiae dicta in repellendus reiciendis. Et qui repellat exercitationem.
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...
Ab reiciendis quo veniam deserunt eveniet dolores dolore. Illo cum debitis quaerat odio voluptas et. Velit quis consequatur sit hic adipisci. Odit cum saepe et eum voluptatem. Vitae et labore est pariatur saepe sint. Expedita voluptatibus iste et sunt nostrum facilis ab sint. Qui et tenetur unde sapiente.
Id et consectetur sequi nemo. Quaerat dolorem ipsa doloribus eos amet fugiat consequatur consequuntur.