ST Alpha - "huh. The bill...would over a ten-year period require hedge funds and large institutional investors to completely divest from single-family home owners" (Reading a Post)

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huh. The bill...would over a ten-year period require hedge funds and large institutional investors to completely divest from single-family home owners

Posted by decline (aka Decline) Dec 8 '23, 06:04

did congress actually do a good thing?

https://www.vice.com/en/article/jg5nex/congress-members-push-to-ban-hedge-funds-private-equity-from-buying-family-homes (www.vice.com)

Responses:

i'm all for it, but apparently Wall Street has already begun divesting those holdings themselves in reaction to market forces -- (link) - hollywood big shot Dec 8, 07:09
This is a very alarming situation and I’m glad someone in congress is paying attention. And it will never pass - Pippy 🏳️‍🌈 aka lady on the plane Dec 8, 06:47
It will never pass. -- nm - spamlet Dec 8, 06:08

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