House passes bill barring investors from buying up single-family homes — Trump expected to sign it at the Capitol
The House has approved a significant bill that aims to prevent investors from purchasing single-family homes, a move that could make housing more affordable for everyday families. With an overwhelming 358-32 bipartisan vote, this revamped 21st Century Road to Housing Act is poised to make a substantial impact on the housing market. President Trump is expected to sign it, which could reshape the landscape of homeownership and signal a major policy shift towards supporting average Americans over speculative real estate practices. This development underscores a growing concern about the housing market being influenced too heavily by investors rather than families seeking stable homes.
Original Source
Read the full article at Nypost →KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.