U.S. Senator Jon Ossoff from Georgia has initiated an investigation into the corporate ownership of single-family homes in the state. He expressed concerns that this practice could increase housing prices and decrease the availability of homes for individual families.
The inquiry will focus on four major companies that together own 29,406 private homes in the metro Atlanta area. While this investigation is centered on Georgia, it coincides with a broader national discussion where federal and state legislators are contemplating laws to regulate this sector and safeguard potential homebuyers.
Senator Ossoff's actions reflect growing scrutiny of institutional investors' impact on housing markets across the United States.
