India  

New York governor wants to limit hedge funds from buying up homes

SeattlePI.com Thursday, 9 January 2025
New York Gov. Kathy Hochul says she will push for new laws to make it harder for hedge funds to purchase large numbers of single-family homes in the state. In a statement Thursday, Hochul said she would propose legislation this year that would require a 75 day waiting period before large investment firms could place bids on new homes hitting the market and limit certain tax benefits when the firms purchase homes. The plan comes as lawmakers elsewhere have also sought to address public concerns that hedge funds or other big investors are buying up single-family homes and shrinking the housing supply for individual buyers and families.
0
shares
ShareTweetSavePostSend
 
Video Credit: Veuer - Published
News video: New York City Rolls Out Congestion Traffic Charges, the First American City to Do So

New York City Rolls Out Congestion Traffic Charges, the First American City to Do So 01:11

New York City is known for its bustling sidewalks and public transportation, however the big apple is now trying to do something about its congested roadways. Manhattan has now officially rolled out a new congestion charge for many parts of the island, charging drivers who have decided to circumvent...

You Might Like


Related videos from verified sources

We Went To America's Craziest Derby - New York City FC vs New York Red Bulls [Video]

We Went To America's Craziest Derby - New York City FC vs New York Red Bulls

With just two years to go until New York hosts the World Cup final, could β€˜soccer’ culture finally be taking root in the Big Apple? To find out, FourFourTwo crossed the Atlantic to see Manchester..

Credit: FourFourTwo     Duration: 07:39Published
Karate Kid Legends Movie - Behind the Scenes [Video]

Karate Kid Legends Movie - Behind the Scenes

Karate Kid Legends Behind the Scenes Movie Trailer HD - US Release Date: May 30, 2025 Starring: Jackie Chan, Ben Wang, Ralph Macchio Directed By: Jonathan Entwistle Synopsis: In Karate Kid:..

Credit: Teaser Trailer     Duration: 00:36Published
Super Bowl LIX Matchup is Set, Katy Perry Announces U.S. Tour Dates, Aaron Judge and Wife Samantha Expecting First Child, Nation [Video]

Super Bowl LIX Matchup is Set, Katy Perry Announces U.S. Tour Dates, Aaron Judge and Wife Samantha Expecting First Child, Nation

Kansas City Chiefs to appear in third consecutive Super Bowl, set to face the Philadelphia Eagles. Super Bowl LIX is just around the corner and the matchup has officially been set. The Kansas City..

Credit: LifeMinute.tv     Duration: 01:00Published