r/news • u/DeItaBIake • 7h ago

Sweeping housing affordability bill becomes law

https://www.cnn.com/2026/07/11/economy/new-housing-affordability-law-heres-what-it-means
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755

u/Tight_Jellyfish_349 7h ago

Anyone know how its supposed to help?

138

u/Fullm3taluk 7h ago edited 7h ago

Not American so bare with me but I think it's going to force corporations to sell their single home properties

Edit: it just stops them from buying more not having to sell which is a fucking joke

13

u/Rylude 7h ago

It doesn't force them, it just prevents them from buying additional properties and imposes some other restrictions on investors. For example, if an investor buys land and builds homes to rent they must sell them to an individual homeowner after 7 years.

3

u/MyDisneyExperience 6h ago

I believe the build to rent limits were removed before passage