Governor Newsom unveiled a crackdown on large corporations that buy up single-family homes the same week President Trump announced a similar move.

  • MunkysUnkEnz0@lemmy.world
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    prohibit institutional investors that already own more than 1,000 single-family homes from purchasing any additional properties to convert into rentals. The bill has already passed the full Assembly and now awaits approval from the state Senate before it goes to Newsom’s desk for his signature.

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