A new bill has been proposed that aims to restrict hedge funds from owning single-family homes. Sen. Jeff Merkley emphasized the importance of housing being for people rather than profit centers for Wall Street. This legislation is part of a broader effort to address the issue of housing affordability and supply in the United States.
Key points:
– Proposed bill seeks to ban hedge funds from owning single-family homes.
– Sen. Jeff Merkley highlights the need for housing to prioritize people over profits for Wall Street.
– The legislation is part of larger efforts to address housing affordability and supply concerns.
You can read this full article at: https://wrenews.com/new-bill-would-ban-hedge-funds-from-owning-single-family-homes/
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