Some of California’s most powerful lawmakers have taken aim at corporate landlords this legislative session. The Legislature will consider at least three bills this year to keep so-called institutional investors from gobbling up too many of the state’s widely coveted single-family homes.
Some of California ’s most powerful lawmakers have taken aim at corporate landlords this legislative session. The precise impact and effect of institutional investors on California housing is hard to assess. Some of the state’s most powerful legislators want Big Landlord out of California ’s single family neighborhoods. The Legislature will consider at least three bills this year to keep so-called institutional investors from gobbling up too many of the state’s widely coveted single-family homes .
, but the Big Money-owned single family rental is a 21st Century invention. During the Great Recession new companies began cobbling together rental empires out of the nation’s glut of foreclosed single-family homes.Prop 1: Voters favoring California mental health ballot measure by a tiny margin Defenders of the business model applaud the role it played in propping up local housing markets and quickly filling homes that would have otherwise sat vacant and derelic
California Lawmakers Corporate Landlords Institutional Investors Single-Family Homes
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