CHANGE? Congress Moves to Limit Investor Home Buys.

Bipartisan majorities in the House and Senate, according to Politico, have backed legislation that would block large investors from purchasing more single-family houses.

Housing analysts say the measure may have only a limited effect on affordability nationwide.

“We want homes for people, not for corporations,” President Donald Trump said in his State of the Union address in February while endorsing the proposal.

Large institutional investors own less than 1% of single-family houses and about 2% of single-family rental properties nationally, according to figures cited in the debate.

What we need even more is deregulation at the state and local level.