end hedge fund control act

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The 'End Hedge Fund Control of American Homes Act' aims to curb the influence of hedge funds on the US housing market. Introduced by Senator Merkley, it aims to prevent hedge funds from acquiring and renting out large numbers of single-family homes, which critics argue drives up prices and reduces homeownership opportunities. Rep. Smith discussed the bill on MSNBC, highlighting its potential to restore balance in the housing market.

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