'BANNING WALL STREET': Bipartisan push targets investor homebuying

• A bipartisan push aims to limit institutional investors in the housing market.
• Institutional investors (buyers with 350+ single-family homes) account for only 1% of U.S. home purchases since 2015, down from a 16% peak during the housing crisis.
• Investor activity is geographically concentrated, primarily in the Sunbelt, but even in top markets, their share of purchases remains low (e.g., 4.4% in Memphis).
• The National Association of Home Builders (NAHB) objects to a Senate bill provision that would require newly built rental homes to be sold within seven years, arguing it would cut off needed investment in new housing supply.

The video discusses a bipartisan push to limit institutional investors from buying single-family homes, with some lawmakers believing it could boost housing supply. However, new data reveals that large institutional investors account for only a surprisingly small share (1%) of U.S. home purchases nationally, and the National Association of Home Builders is concerned that proposed legislation could hinder new housing supply.