Trump wants to ban single family homes being sold to investment firms

[SonOfSun]

Maybe it’s only big cities but I don’t think this is happening by me. I know a few houses went to llc’s but I don’t think it’s happening a lot. Most towns by me say if they aren’t a rental place or multiple dwelling residence now they can’t be turned into them. If they aren’t grandfathered in then they can continue as a rental.
Of course, this could all change but residence wouldn’t be happy so not sure it will.

It's market based. They aren't doing it everywhere, but they dominate certain markets.

They'll buy as bunch of the homes in one area/city and then say "but we only own 2% of the homes in the state", neglecting the fact that they own 30%+ of the homes in one area.

Take Atlanta for example:

3 companies own nearly 38,000 metro Atlanta homes

According to a study by a Georgia State University professor, three corporations own nearly 38,000 homes in the Atlanta metro area.

www.wsbtv.com

They focus on select areas in particular to artificially sway conditions in their favor by cornering a large % of the market. If your job is in Atlanta, you aren't going to rent 90 minutes away. They know this so they use it to artificially create scarcity and then rent gouge people. I stand by throwing all the C-level execs of these companies overboard 100 miles out at sea.