A bipartisan Senate duo is teaming up on legislation that would ban large investment firms from snapping up single-family homes, a measure they say is aimed at the country's housing affordability crunch.
Even if it passes, there’ll be no enforcement. This has played out countless times before. At best, the firms will face fines representing .001% of the money they made breaking it.
Even if it passes, there’ll be no enforcement. This has played out countless times before. At best, the firms will face fines representing .001% of the money they made breaking it.
They’ll just do what they did last time, buy a bunch of single family homes and turn them into duplexes. Now they’re apartments.