Democrats counter Trump's proposal to limit institutional housing investors

CNBC Top News1 min read

Sen. Elizabeth Warren and 16 Democrats propose limiting corporate housing benefits, targeting firms with over 50 rental homes. Their bill aims to eliminate tax deductions and restrict federally backed mortgages for these companies.

As both parties push for housing reforms, the contrasting proposals highlight the urgency of addressing affordability issues ahead of the midterms. A bipartisan package is nearing completion, combining efforts from

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