Florida lawmakers stay quiet as corporations buy thousands of homes
Regulations for corporate landlords are few and far between in the Sunshine State.
As investor-backed firms buy up homes across the country, policymakers at every level are considering how to limit Wall Street’s control of the housing market.
In Congress, Democrats have proposed a bill that would require hedge funds to sell off single-family homes over the next decade.
In Minnesota, a state representative tried to restrict the number of homesan individual or company could own.
At a rally in Atlanta, Vice President Kamala Harris pledged to “take on corporate landlords and cap unfair rent increases,” if elected president.
Even in Florida, a state friendly to corporations and landlords and at times hostile to renters, one Republican state lawmaker said it may be time for government intervention.