The House just set a 350-home cap on hedge funds — that’s not a solution

The House passed authorities capping organization capitalist ownership of single-family homes astatine 350 units per entity, portion the End Hedge Fund Control of American Homes Act proposes a 50 percent excise taxation connected immoderate single-family location purchased by a covered organization capitalist aft enactment and a 10-year phase-down of existing portfolios.