As CBS News Atlanta previously reported, more than one in four single-family rental homes in metro Atlanta are owned by large corporate investors — more than 72,000 homes — giving the region one of the highest concentrations of institutional ownership anywhere in the United States.

Housing advocates have argued that those companies can outbid families with cash offers, reducing the number of homes available to first-time buyers while contributing to higher home prices and rents.

Warnock has repeatedly cited those trends in pushing the legislation, saying corporate investors have increasingly treated homes as financial assets instead of places for families to live.

  • Bluewing@lemmy.world
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    9 hours ago

    If Trump didn’t veto it, there must be some loopholes large enough to drive a battleship through…

    • LifeInMultipleChoice@lemmy.world
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      8 hours ago

      Senate vote was 85-5

      Ron Johnson of Wisconsin Mike Lee of Utah Rand Paul of Kentucky Rick Scott of Florida Tommy Tuberville of Alabama

      Guessing Trump knew it would be a losing battle to veto it. Also, it should make him look better with him having to do nothing but stay out of the way

      • FlexibleToast@lemmy.world
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        8 hours ago

        Damn, fuck Russian Ron Johnson. The democrats really left Barnes out to dry against Ron Johnson and he ran an awful campaign. It still blows my mind that the same election elected Democrat Evers for governor and Ron Johnson. What a wild split ticket.

      • GiantChickDicks@lemmy.ml
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        8 hours ago

        It sure would be cool if Ron Johnson would go grab a drink with Lady G and Mitchy boy. I truly hate that man.

      • Aatube@lemmy.dbzer0.com
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        8 hours ago

        it was also an opportunity for everyone to kumbayah and get some good press on addressing affordability