Housing affordability bill clears Senate as investor ban creates headaches
CNBC Television·2026-03-12 19:03
The Senate has now passed a bipartisan housing affordability bill designed to increase supply and what they hope will decrease uh cost. And that does include that ban on private equity, institutional investors, and major companies from buying single family homes if they already own 350 or more. Now, what happens next with this bill is a huge question mark.We know President Donald Trump has wanted this bill, has pushed for this bill. But that ban on institutional investors buying single family homes is causi ...