If you’re like many hopeful homeowners in America right now, you probably feel like you’ve been competing against corporations that you don’t stand a chance against. These companies have bought up tons of real estate, and it has forced a lot of people to continue renting. However, a new proposal could change everything.
The ROAD to Housing Act introduces what some are calling the “350-home rule,” aimed at limiting how large investors operate in the housing market. If passed in its final form, this legislation could reshape neighborhoods, pricing, and who gets access to homes. But, as we all know, policy isn’t always what it seems. Here’s what you need to know about the proposal and how it can impact prospective homebuyers in the near future.
