The housing paradox: why banning institutional investors could make affordability worse
There are few issues more important in the United States than housing. It’s a crucial part of the American Dream, representing a path to security, community, and mobility. But in the attempt to make this complex challenge easier, there’s a dangerous policy idea gaining traction in Washington: restricting large institutional investors from purchasing single-family homes and offering them as rentals. The proposal is cloaked in language about expanding homeownership and curbing rising housing costs.