Sens. Smith, Brown, Reed Seek Answers on Zillow's Sale of Thousands of Homes to Private Equity Investors
November 11, 2021
November 11, 2021
WASHINGTON, Nov. 11 -- Sen. Sherrod Brown, D-Ohio, issued the following news release:
U.S. Senator Tina Smith (D-Minn.), chair of a key Senate housing subcommittee, and Senate Banking Committee Chair Sherrod Brown (D-OH), are raising concerns about real estate powerhouse Zillow's reported plans to sell a large portfolio of single-family homes to institutional investors who could turn those properties into rental homes. The move could leave local homebuyers without affordable op . . .
U.S. Senator Tina Smith (D-Minn.), chair of a key Senate housing subcommittee, and Senate Banking Committee Chair Sherrod Brown (D-OH), are raising concerns about real estate powerhouse Zillow's reported plans to sell a large portfolio of single-family homes to institutional investors who could turn those properties into rental homes. The move could leave local homebuyers without affordable op . . .