WALL STREET BANNED FROM INVESTING?
Two new pieces of legislation have been introduced that will ban Wall Street from investing in Single Family houses. Does Wall Street Buying houses really make a difference? Will prices crash in the housing market because of it?
How will this affect the Real Estate Market 2024? Does BlackRock Buying houses really drive up prices in the housing market? Will banning hedge funds in the real estate market reduce housing prices? This won't lead to a housing market crash, right?
#RealEstate2024 #RealEstateCrash #RealEstateInvesting
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Join us as we discuss two new bills, the End Hedge Fund Control of American Homes Act of 2023 and the American Neighborhoods Protection Act that were introduced in Congress. One bill would eliminate Wall Street Investors from the Single Family market while another one would heavily tax them. Do they stand a chance of passing? If so, what would be their effect on the housing market?
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