NY Governor Hochul plans to propose laws to limit hedge funds' purchases of single-family homes.

New York Governor Kathy Hochul plans to propose new laws to restrict hedge funds from buying large numbers of single-family homes in the state. The aim is to prevent these funds from dominating the housing market and making it harder for regular residents to purchase homes. Details of the legislation are not yet available, but the move reflects concerns about the impact of hedge funds on local property markets.

January 09, 2025
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