The Georgia senator's signature housing proposal is now law after President Donald Trump neither signed nor vetoed the bipartisan housing package.

As CBS News Atlanta previously reported, more than one in four single-family rental homes in metro Atlanta are owned by large corporate investors — more than 72,000 homes — giving the region one of the highest concentrations of institutional ownership anywhere in the United States.

Housing advocates have argued that those companies can outbid families with cash offers, reducing the number of homes available to first-time buyers while contributing to higher home prices and rents.

Warnock has repeatedly cited those trends in pushing the legislation, saying corporate investors have increasingly treated homes as financial assets instead of places for families to live.

  • Master167English
    14·
    15 hours ago

    I’d start with taxing 100% property taxes of empty properties as a logical next step.

    • Paranomaly@sh.itjust.worksEnglish
      5·
      11 hours ago

      I get where you’re coming from and an for the sentiment, but that will need at least some sort of caveat or having to sell the house of a lost family member will be become very dangerous.

      • SnapzEnglish
        1·
        8 hours ago

        “Corporate owned” would be defined in a way that allowed for earnest actual single human/family scenarios, but also stopped little mini tyrants from trying to become a local menace through loopholes.