economy
Invitation Homes CEO says ban on institutional homebuying will bring down prices, but not immediately
The CEO of the nation's largest single-family rental landlord said the new law banning large-scale investors from the market will lower prices in the long term.
TL;DR
- A new law bans large-scale investors from the single-family rental market.
- The CEO of the nation's largest single-family rental landlord expects this law to lower prices.
- The price reduction is anticipated to occur in the long term.