Read twice and referred to the Committee on the Judiciary.
Summary
The bill amends the Sherman Antitrust Act to make purchases of single‑family homes, condos, townhouses or zoned land by certain large investment entities illegal as a restraint of trade. It targets real‑estate investment trusts, insurance companies and investment companies or private funds with at least $150 million in assets. The goal is to keep these entities from competing with ordinary homebuyers and to curb coordinated market practices that drive up prices.
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