Earn Your Leisure

In this episode, Rashad Bilal, Ian Dunlap, and Troy Millings discuss the implications of a bill that aims to prevent hedge funds from owning single-family homes in the United States. Ian expresses skepticism about the bill passing, citing the influence of hedge fund giants like Ken Griffin and the potential impact on the real estate investment space. The proposed legislation not only seeks to ban hedge funds from amassing large portfolios of single-family homes but also requires them to sell off a portion of their holdings over a ten-year period, ultimately leading to a complete ban on ownership of single-family homes by hedge funds.The hosts delve into the potential impact on the housing market, highlighting concerns about affordability, rental availability, and the shortage of homes in various parts of the country. They emphasize the uneven playing field for average citizens competing with financial institutions in property acquisition, leading to a discussion about the existing housing crisis and the conse