Dossier
Amherst Group
Coverage of Amherst Group in the Nexus archive.
- Congress’s landmark housing bill could backfire on millions of renters
Congress passed the 21st Century ROAD to Housing Act to address housing affordability by increasing supply and banning institutional investors from owning more than 350 single-family homes. However, economists warn the ban could harm low-income renters, as institutional investors own only 3% of single-family rentals and many renters cannot afford homeownership due to lower incomes and credit scores.