Texas Governor Proposes Legislation to Restrict Investment Companies from Buying Single-Family Homes

  • 📰 News4SA
  • ⏱ Reading Time:
  • 6 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 63%

Real Estate Nouvelles

Texas,Governor Greg Abbott,Legislation

Texas Governor Greg Abbott is urging lawmakers to pass a law that would prevent investment companies from purchasing single-family homes, citing the negative economic effects and the impact on first-time homebuyers.

Texas Governor Greg Abbott is asking lawmakers to consider legislation that would block or restrict investment companies from buying single-family homes. Lawmakers said laws prohibiting companies from buying single-family homes would bring multiple economic effects.

The increased demand is making it harder for first-time homebuyers to find homes they can afford.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 251. in BE

Belgique Dernières Nouvelles, Belgique Actualités