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UK Residents Tease and C Supply.

Well, howdy there, internet people, let's go again so today we are going to talk

about single family homes who can buy them and how the Democratic Party is engaging in a push to increase housing affordability

by kind of restricting certain people or entities from purchasing single family homes.

Okay, so there are two bills in Congress, one in the House, one in the Senate. That's not abnormal.

Normally that's how this kind of thing works, except these aren't the same bill.

They're not paired bills like normally happened.

They do two different things.

The Senate bill basically says that hedge funds and hedge fund, the definition of hedge fund

includes far more than hedge funds. It seems like any investment

entity that has more than 50 million in assets is considered a

hedge fund for these purposes. Yeah they can't buy any single family homes

period full stop. And the ones that they have, well they have

ten years to sell them off. Out of the two that is definitely the most direct and the one that will impact

housing affordability the quickest. The other involves allowing them to have X number and then at this point there is a fee

assessed it's a lot more convoluted.

The Senate version I don't want to say the Senate version the Senate bill is definitely more direct.

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