Invitation Homes CEO Dallas Tanner expects the 21st Century ROAD to Housing Act to lower long-term housing prices. Short-term affordability remains pressured by mortgage rate volatility, high construction costs, and regulatory hurdles.
The federal law prohibits investors owning 350 or more homes from purchasing additional existing properties. This legislation addresses concerns that large-scale, cash-heavy investors displace individual homebuyers.
Invitation Homes is shifting its strategy to acquire newly built homes through builder partnerships. The new regulations permit the acquisition of new construction.