Democrats Introduce Bill Banning Hedge Funds From Owning Single-Family Homes

Democrats have introduced bicameral legislation this week to take a step toward getting Wall Street out of the housing market amid a crisis during which house prices have soared to record highs. The bill would ban hedge funds from buying and owning single-family homes. The legislation would require hedge funds to sell off their stock of single-family homes over the next 10 years and would then...

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