Breakthrough agreement in housing bill gives investors wins

Key points

• Homes at a new development in Fontana, California, US, on Saturday, May 9, 2026. The U.S.
• House is poised to approve a bipartisan housing affordability bill Wednesday that would limit major investors from purchasing single-family homes while allowing them to build additional housing units.
• The measure is getting support from the White House after some last-minute changes struck a balance between the Senate version, which placed more restrictions on major investors owning homes, and the House version, which was seen as more friendly toward Wall Street.
• The legislation won the support of the rental, construction and housing industries by removing a requirement in the Senate-passed bill that would have forced major investors — defined as those owning 350 units or more — to sell any any units they built beyond the cap within a seven-year window.
• The housing affordability bill has ping-ponged several times between the House and the Senate....