Mostly the efforts are aimed at providing tax breaks to first time homeowners only. There’s not a lot of legislative thought put toward breaking up a corporate monopoly/oligopoly of rentals, likely because (and I hate the cynical and conspiratorial thought, but really?) the aristocracy owning the REITs are the ones paying off, owning, and running for congress. Us poors can’t afford it. A token legislative effort goes toward it now and then, but it has no real effect.
Mostly the efforts are aimed at providing tax breaks to first time homeowners only. There’s not a lot of legislative thought put toward breaking up a corporate monopoly/oligopoly of rentals, likely because (and I hate the cynical and conspiratorial thought, but really?) the aristocracy owning the REITs are the ones paying off, owning, and running for congress. Us poors can’t afford it. A token legislative effort goes toward it now and then, but it has no real effect.