House Passes Bipartisan Housing Bill Targeting Corporate Homebuyers

That proposal had support from progressives, including Sen. Elizabeth Warren, but House lawmakers opted for a narrower approach that targets future purchases without forcing divestitures that could disrupt renters.

Polling suggests the political move may be popular.

A recent survey found seven in ten voters support banning major investors owning more than 350 homes from buying additional residential properties.

Despite the overwhelming margin, conservative opposition did emerge.

The 13 Republican “no” votes came largely from Freedom Caucus-aligned members objecting not to the housing provisions, but to language dealing with central bank digital currencies.

Rep. Warren Davidson explained his opposition in stark terms.

“A temporary ban is the worst of both worlds: political cover today, a clear runway tomorrow,” Davidson wrote. “Make it permanent, or take it out.”