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Podcast: The Real Estate Espresso Podcast
Episode: Will Wall Street Buy Your House?
Description: On today’s show we are talking about the recently introduced piece of legislation in the US Congress dated December 5. There is a corresponding bill that was introduced in the Senate by Democratic members of both the house and the senate.
The Congressional Bill is called the “End Hedge Fund Control of American Homes Act”.
The second bill is a Senate Bill called the American Neighborhoods Protection act.
The Senate version of the bill would limit ownership to 75 single family homes. Those owners who continue to hold these properties shall be subject to an annual...