Should Congress Ban Hedge Funds From Buying Houses?
Posted by Andy Mandel on
Last week, Democrats in Congress proposed two separate bills aimed at reshaping the housing market as a direct response to the increasing involvement of big investors, like hedge funds, in the residential real estate market. If you got outbid in the last few years by a cash buyer, there’s a good chance it was one of these large institutional hedge funds that were the buyer.
View this post on InstagramThere are 2 separate bills. The Senate bill would require hedge funds to sell off all their single-family homes over the next decade and bans them from buying any…
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