A new federal housing law will limit mega investors across the country, including in Dallas-Fort Worth, which has the most investor purchases of any U.S. metro.
Local Impact
Dallas has seen massive growth for a long time, and that signals to investors that the city could be a good market to buy a home, said Hannah Jones, a senior economic research analyst at Realtor.com.
Mega investors and investors in general are fairly active in southern markets like Dallas, some of these larger markets where there’s plenty of inventory that’s relatively affordable, that means that they can make better returns on renting out these properties, Jones said.
Debates over the 21st Century ROAD to Housing Act — a measure that aims to address housing affordability issues which is set to become law — often included how large institutional investors should be regulated.
Original reporting: Dallas TX News (HLL/CB) — read the source article.
