Senator Merkley sponsoring bill to require large landlords to sell homes to families.
From Investing.com: 2025-06-23 04:20:00
Senator Jeff Merkley of Oregon and other Democrats are sponsoring a bill that would require large single-family investors to sell their homes to families, potentially affecting 700,000 vulnerable families by 2030. The bill aims to prevent mass evictions and shift ownership to small-scale landlords, leading to a slight decrease in home prices and increase in rents. The impact on the housing market could be significant, with potential implications for rent inflation and new home construction. The bill raises concerns about housing affordability and access for low-income families.
The bill’s requirement to sell homes to families has sparked controversy, with critics questioning the potential mass evictions it could trigger. The debate reflects deep-rooted prejudices and fears about different types of homebuyers, highlighting the complex dynamics of housing supply and demand. The bill’s supporters argue that it aims to prioritize families over corporate ownership, while opponents warn of unintended consequences such as increased rent inflation and housing instability. The bill’s passage could reshape the rental market and impact millions of households across the country, prompting calls for a more comprehensive approach to housing policy.
Read more at Investing.com: What Happens If Corporate Landlords Must Sell? Economists Warn of Fallout