Post

The Washington Post
@washingtonpost.com

The Senate is poised to pass a major bipartisan housing bill with a goal of helping bring down housing prices for Americans by stopping Wall Street investors from buying up single-family homes, among other things.

washingtonpost.comSenate set to pass housing bill to boost affordability, restrain investorsThe bipartisan measure, the first major housing legislation since the financial crisis, would bar institutional investors from buying more than 350 single-family homes.

23 reposts102 likes

Solextre
@solextre.bsky.social

Yay! Go Senate! (And what are the odds of passage in the house? And will there be a veto? And how far do housing prices have to drop before I can actually afford to buy one?)

Phil BuildTheFutureNow
@philsustainability.bsky.social

‪NIMBYs love this: cap corps at 350 SFHs. Sounds anti-Wall St, but it chokes new suburban rental supply. Young families can't afford to buy, so they rent, now that pipeline is gone. Keeps out strollers, keeps in empty-nesters. Progressive cover for pure exclusion‬