Latest / Real Wealth Show: Real Estate Investing Podcast
Should Hedge Funds Be Allowed to Own Single-Family Rentals?
Should Wall Street companies be kicked out of the single-family rental market? Would it improve housing affordability if Congress banned institutional landlords from owning rental homes and forced them to sell off what they now own?
That's exactly what U.S. Senator Jeff Merkley of Oregon and U.S. Representative Adam Smith of Washington believe is needed to improve housing affordability. They introduced legislation called "End Hedge Fund Control of American Homes Act" and it's getting a lot of pushback from people in the real estate industry.
I just got back from the IMN Single Family Rental…
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