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.

The legislation, known as the Homes for American Families Act, would amend the landmark Sherman Antitrust Act of 1890 to make it illegal for investment funds with over $150 million in assets to buy single-family homes, condominiums or townhouses. It doesn’t apply to homebuilders that are constructing units for sale.

  • ColeSloth@discuss.tchncs.de
    11·
    8 hours ago

    My answer wouldn’t make any sense as a response to the $5,000,000 though. So regardless of the ambiguity to which number I was referring to in the same paragraph, anyone with a small semblance of reasoning would be able to work out that I must have been referring to the former $ and not the latter. This would be even more enforced had the actual article been read.