re: 3 corporations now own 19,000 metro Atlanta homes

quote:

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Includes an explicit certification process for a purchaser of a hedge fund owned home to confirm that they do not own a majority interest in any other single family residential real estate.

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This would seem to exclude most non-first time buyers, which seems to be an overreach imo.

Also, there should be a carve out for institutional equity to finance single family rental development and construction. Otherwise that won’t get built, and there is a market for it.