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by instagib
1 hour ago
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https://archive.ph/gA9Vo
Partial view. Archives having issues scraping nytimes lately. 381 page bill too. “The measure prohibits corporate entities from owning more than 350 existing single-family homes, although it does not require them to sell homes purchased before the measure became law.” They don’t mention anything about foreign investments but China is trying to rein in their own overseas spending to boost national investment. Carve outs:
- Investors may purchase homes owned by other investors. - There are additional exceptions related to previous contracts and legal obligations, or
if the purchase is part of a loss-mitigation strategy. https://nlihc.org/sites/default/files/21ST_Century_ROAD_Expl... |
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