Build-to-Rent

Homefront briefing on the House's 396–13 passage of the ROAD to Housing Act, the build-to-rent fix it delivered, and whether the Senate will keep it.

A 396–13 vote signals unusual agreement on housing. Whether that consensus survives the Senate, and whether the manufactured-housing provisions change what gets built, are separate questions.

Two legislators who both want a housing win disagree about whether investor limits protect tenants or constrain the capital stack. The split is really about which constraint they think binds.

Politico examined how federal housing policy aimed at limiting institutional investors may be constraining capital and slowing new housing production, raising concerns about unintended consequences for supply.

Homefront briefing on Section 901, the 21st Century ROAD to Housing Act, and the targeted fix needed to protect new housing production.

Homefront briefing on federal housing policy, market behavior, and what uncertainty means for what gets built.

I joined The Rent Roll to explain how the Road to Housing Act's BTR provision froze capital, why the seven-year sell rule is unworkable, and what Congress should fix

Homefront briefing on federal housing policy and what the build-to-rent restriction could mean for housing supply.

I explain why treating purpose-built rental neighborhoods like scattered investor-owned homes risks shrinking the capital stack behind new housing supply.