Senate passes bipartisan housing bill to boost homebuilding and curb Wall Street home purchases
By
Sahil Kapur
Summary
The Senate passed a sweeping bipartisan housing affordability bill (85-5) aimed at lowering housing costs by making it easier to build homes and restricting Wall Street investors from buying up residential properties. The legislation now heads to the House for a vote before potentially reaching President Trump's desk.
Source
bskySenate passes bipartisan housing bill to boost homebuilding and curb Wall Street home purchasesnbcnews.toKey quotes
· 3 pulledThe Senate voted overwhelmingly Monday to pass a sweeping housing affordability bill aimed at lowering costs
The vote was 85-5
The legislation, which would make it easier to build homes and slap limits on Wall Street investors' buying up houses, now goes to the House
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