hold on there's just too much going on in Congress lmao...
Bans large funds from buying single family homes.
Rep. Luna (R-FL), Committee on Financial Services
Introduced January 2026, in committee.
The bill amends the Investment Company Act of 1940 to stop large private funds, REITs, and registered investment companies from buying single family homes. It targets funds with over $500 million in assets or those that already own 100+ homes. Sponsoring Rep. Luna introduced it in the House, and it's now under review by the Financial Services Committee.
Introduced Jan 22, 2026
This bill is under review by a committee. The committee holds hearings, gathers testimony from experts and stakeholders, and may propose amendments. If the committee votes to advance it, the bill moves to the full chamber for debate and a vote.
Covered funds must sell at least 10% of their single family homes each year. This could increase the supply of homes for sale, potentially stabilizing prices. However, it wouldn't affect small landlords or individual investors, only funds meeting the size thresholds.
Supporters Say
Supporters argue that Wall Street buying up homes drives up prices and makes it harder for families to buy.
Critics Say
Critics say it restricts investment and could reduce rental options for those who prefer not to own.
Supporters, like sponsor Rep. Luna, believe the bill helps level the playing field for individual homebuyers. Critics from financial industries may argue that large funds often renovate and maintain properties, and forced divestment could disrupt local housing markets. The debate centers on balancing homeownership access against investment freedom.