Congress Takes SWIFT Action Against WALL STREET Housing Investors

🚨 The House just overwhelmingly passed a bipartisan housing bill aimed at limiting large institutional investors from continuing to buy more single-family homes. While institutional investors still own a relatively small percentage of homes nationally and are not the primary reason housing became unaffordable, their impact in certain markets has become politically explosive. Lawmakers are now trying to balance concerns about affordability with the ongoing housing supply shortage. Russell McDonald | NMLS 290837 | Broker CA DRE 01150730 Wymac Capital Inc | NMLS 18766 | Broker CA DRE 01121628 Real Estate Broker - CA Dept of Real Estate