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New Law Limiting Mega-Investor Home Purchases Could Reduce Housing Costs for Americans
The Biden administration has implemented a new law restricting large institutional investors from purchasing additional single-family homes, aiming to improve housing affordability. Under this law, firms owning 350 or more homes cannot buy more, but are not required to sell existing properties. While limiting the influence of mega-investors in certain markets, their ownership remains a small share overall, and the law is unlikely to significantly lower home prices or address broader affordability issues.
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