Wall Street investors are now barred from buying single-family homes. Will that ease homebuying in Chicago? – WBEZ

A person walks by an alleyway near Hudson and Webster in the Lincoln Park neighborhood, with buildings and vehicles behind.Chicagoans may not see much benefit from the White House’s recent executive order that aims to block institutional investors from buying single-family homes, but experts say those landlords are still a contributing factor to the region’s housing shortage.
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Publius
3 months ago

Where’s Johnson and Pritzker on the his issue? Johnson is doing everything in his power to go after big business, but he is completely silent on major corporations buying residential and multifamily property.

Leaving Soon, just not soon enough
3 months ago

Sellers will get a lower price; the taxman will collect lower taxes.

Reese
3 months ago

Why does anyone want to buy a home in the most corrupt city in America?
Sodom and Gomorrah will be better off than Chicago on judgment day.

Deb
3 months ago

Institutional companies buying single family homes is the first step in widespread socialism. First companies buy hoes, driving up prices, then the Democrats will take them.

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