cross-posted from: https://discuss.online/post/42571735
As CBS News Atlanta previously reported, more than one in four single-family rental homes in metro Atlanta are owned by large corporate investors — more than 72,000 homes — giving the region one of the highest concentrations of institutional ownership anywhere in the United States.
Housing advocates have argued that those companies can outbid families with cash offers, reducing the number of homes available to first-time buyers while contributing to higher home prices and rents.
Warnock has repeatedly cited those trends in pushing the legislation, saying corporate investors have increasingly treated homes as financial assets instead of places for families to live.
Um Ackshually, the bill would have become law without the President signing it regardless of the size of the majority. The Supermajority matters because that’s what it takes to override a veto.
What probably happened is he wanted to veto it, but his advisors reminded him that Congress had enough votes to override it. And he couldnt let Congress have the last word on it. So, he decided that not signing it would be the best move, depriving Congressional Republicans of what might be their last chance for a major legislative signing photo-op. But while loudly complaining about his steal-all-elections bill, he could at least pivot the conversation back to where he wanted it. And then when the housing bill finally becomes law, there is no big ceremony or to-do about it, just a bunch of nerdy socialists talking about it on their social media…