[seanmcdirmid]

They are somewhat opposite: rents go down when everyone wants to (and can) buy, they go up when people don’t want to (or cannot) buy. This is just a short term effect, long term rents should track home values.

I see this bill as a no-op: Wall Street will continue to invest in multi-family rental buildings, as it always has, and SFH purchases were always somewhat of a side show.