Part 9/10:
Another related bill, introduced in the House, takes a different approach to discourage institutional investment by imposing a $10,000 annual fee for investors owning more than 75 homes. The funds collected would reportedly be funneled into a Housing Trust Fund to assist families with down payments. However, details remain unclear regarding the management and allocation of these funds.
Conclusion
The proposed legislation marks a bold effort to reshape America’s housing market by limiting institutional investors' influence. While the intentions—to improve affordability and restore the housing market to more traditional family ownership—are clear, the potential consequences raise questions about feasibility and economic stability.