An open house sign in San Diego. Photo by Alexander Nguyen The San Diego County Board of Supervisors voted 3-1 Tuesday in favor of a proposal that will address corporate “bad actors” who purchase homes and, in the words of the proposal, contribute to an already difficult affordable housing situation. Vice Chair Terra Lawson-Remer said her sponsored policy aims “to protect communities from illegal business practices, and safeguard housing options for first-time homebuyers and working families.” Lawson-Remer said private equity giants and large corporations “are increasingly buying up the nation’s scarce supply of homes, including in the San Diego region,” driving up prices for their
Hence then, the article about county supervisors ok proposal to crackdown on corporate home ownership was published today ( ) and is available onTimes of San Diego ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( County Supervisors OK Proposal to Crackdown on Corporate Home Ownership )