Invitation Homes CEO says ban on institutional homebuying will lower prices over time
The CEO of the nation’s largest single-family rental landlord said a new law will lower prices in the long term.
The CEO of Invitation Homes, described by CNBC as the nation’s largest single-family rental landlord, said a new law banning large-scale investors from the market will lower home prices in the long term.
THE QUESTIONS THIS EVENT LEAVES BEHIND
What conditions would determine whether the law lowers prices?
Which buyers and sellers would benefit most from the ban?
How would the law affect the supply of homes available for rent?
What evidence would show that the ban, rather than other market forces, changed prices?
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