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that the average home buyer can't compete with hedge funds that are willing to spend more money on a home and put the money down immediately. "These guys are competition for buying new homes so if ...
While the Democratic lawmaker acknowledged the practice of hedge funds gobbling up houses isn’t widespread ... an increase in investor-backed groups buying single-family homes in 2024, though ...
“Houses should be homes for families, not profit centers for hedge funds,” Merkley said in a ... “Large investors are buying up homes and squeezing out prospective buyers.
“Investment companies [have] been buying up affordable housing ... BACK TO HOUSING: Lots of hedge funds buy houses outright in cash, one reason that critics charge that investors have an ...
The bill would prevent hedge funds from buying single-family homes. Pfaff said Friday that corporate buyers drive up housing costs, making it harder for working families to afford homes. " ...
Hedge funds have taken mostly long positions on these financials stocks for five of the last seven weeks, said the note added. A long bet expects a stock price to rise. This kind of buying ...
But what has changed of late is that hedge funds are not buying just real estate investment trusts or mortgage-backed securities, but actual houses. How big that trend is remains unclear.
Albany, N.Y. — New York Gov. Kathy Hochul on Thursday said she will push for new laws to make it harder for hedge funds to purchase large numbers of single-family homes in the state. In a ...