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Stock impact report

Newsom, Trump align in plan to restrict corporations from buying single-family homes [CBS News]

Invitation Homes Inc. (INVH) 
Last invitation homes inc. earnings: 2/18 04:15 pm Check Earnings Report
US:NYSE Investor Relations: invitationhomes.com/about-us
Company Research Source: CBS News
Mr. Trump announced his plan via a Truth Social post , reading, "I am immediately taking steps to ban large institutional investors from buying more single-family homes." Newsom made the announcement at his State of the State speech. "These investors are crushing the dream of home ownership, forcing rents too damn high," Newsom said. "I just humbly submit, I think it's shameful that we allow private equity firms in Manhattan to become some of the biggest landlords here." California Assemblymember Alex Lee (D-Milpitas) has been pushing to restrict Wall Street companies from buying more single-family homes in California for years. "Having the president and the governor certainly elevates it," Lee said. "And if you're an American family out there or a California family out there, trying to buy a house right now, there's chances you compete with a corporation." New mapping published by the California Research Bureau shows there are more than 79,000 single-family homes owned by Show less Read more
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