{"id":2547401,"date":"2026-01-22T05:01:02","date_gmt":"2026-01-22T10:01:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/gop-rep-miller-introduces-bill-to-block-investors-from-crowding-families-out-of-homes\/"},"modified":"2026-01-22T05:04:43","modified_gmt":"2026-01-22T10:04:43","slug":"gop-rep-miller-introduces-bill-to-block-investors-from-crowding-families-out-of-homes","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/gop-rep-miller-introduces-bill-to-block-investors-from-crowding-families-out-of-homes\/","title":{"rendered":"GOP Rep. Miller introduces bill to block investors from \u2018crowding families out of homes\u2019"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">28<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fgop-rep-miller-introduces-bill-to-block-investors-from-crowding-families-out-of-homes%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2547401&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Rep. Mary Miller (R-IL) introduced the &#8220;American Family housing Act&#8221; to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-administration-aims-to-prevent-private-equity-from-buying-individual-homes-and-driving-up-prices\/\" title=\"... administration aims to ... private equity from ... individual ... and driving up prices\">restrict large institutional investors<\/a> from <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bidenomics-average-american-cant-afford-homes-in-99-of-country\/\" title=\"Bidenomics: Most Americans Can&#039;t Buy ... in 99% of the Country.\">buying single-family homes<\/a>, aiming to keep housing affordable for working-class families. The bill would amend the Investment company Act of 1940 adn direct the SEC to limit purchases by firms with more than $100 billion in assets under management; restrictions would apply only to future purchases and take effect 100 days after enactment. Miller framed the legislation as a response to Wall Street firms driving up prices and displacing middle-class homeowners, echoing President Trump&#8217;s recent executive order prioritizing Main Street homebuyers.supporters point to trends showing the average first-time buyer is now 40 and first-time buyers make up only about 21% of the market, and to a GAO estimate that institutional investors own roughly 300,000 homes nationwide-up to 25% of <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/real-estate-ceo-says-housing-market-will-remain-heated\/\" title=\"Real Estate CEO Says ... Will Remain Heated\">single-family rentals<\/a> in some cities. The bill&#8217;s goal is to restore homeownership opportunities to families rather than large investors.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">GOP Rep. Miller introduces bill to block investors from &lsquo;crowding families out of homes&rsquo;<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_2480273\" class=\"tpd-featured-video bridtv\"><\/div>\n<p>Rep. <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/author\/rep-mary-miller\/\">Mary Miller<\/a> (R-IL) introduced legislation on Wednesday to help people in the country achieve the &lsquo;American Dream&rsquo; of owning a home. Miller&rsquo;s legislation proposes restrictions on large corporations, companies, and investors to prevent them from &ldquo;crowding families out of homes.&rdquo;<\/p>\n<p>Miller&rsquo;s &ldquo;American Family Housing Act&rdquo; calls to amend the &ldquo;Investment Company Act of 1940 to prohibit certain large-scale companies from purchasing single-family residences.&rdquo; The bill directs the <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/sec\/\">Securities and Exchange Commission<\/a> to limit the number of single-family homes that &ldquo;large institutional investors&rdquo; can buy so that ordinary working-class families can afford to purchase houses at reasonable prices. Miller&rsquo;s objective with this legislation is to put &ldquo;an end to Wall Street firms driving up prices and pushing American families out of the <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/housing\/\">housing<\/a> market.&rdquo;<\/p>\n<div class=\"recommended-stories\">\n<h2>Recommended Stories<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/4428822\/space-forces-southern-officially-activated\/\">Space Forces Southern officially activated and will &lsquo;be a force of good in the region&rsquo;<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/justice\/4428767\/judge-fbi-review-washington-post-reporter-electronics\/\">Judge bars FBI from reviewing seized Washington Post reporter&#8217;s electronics<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/world\/4428750\/israel-airstrike-kills-three-journalists-gaza-cbs\/\">Israeli airstrike kills three journalists in Gaza, including CBS freelancer<\/a><\/li>\n<\/ul>\n<\/div>\n<div class=\"article-paywall\">\n<p>&ldquo;Homeownership is the foundation of the American Dream,&rdquo; said Miller. &ldquo;But today, hardworking families are competing with massive Wall Street firms that are buying up single-family homes and pricing Americans out of their own communities.&rdquo;<\/p>\n<p>Miller&rsquo;s &ldquo;American Family Housing Act&rdquo; comes on the heels of President Donald Trump&rsquo;s executive order &ldquo;Stopping Wall Street From Competing With Main Street Homebuyers,&rdquo; issued on Jan. 20. Trump&rsquo;s order also prioritized housing affordability for the everyday American over <a href=\"https:\/\/amzn.to\/3YuVZYV\" >investment firms purchasing properties<\/a>.&nbsp;<\/p>\n<p>&ldquo;Hardworking young families cannot effectively compete for starter homes with Wall Street firms and their vast resources,&rdquo; read Trump&rsquo;s directive. &ldquo;Neighborhoods and communities once controlled by middle-class American families are now run by faraway corporate interests.&rdquo;<\/p>\n<p>&ldquo;People live in homes, not corporations,&rdquo; Trump <a target=\"_blank\" href=\"https:\/\/www.whitehouse.gov\/presidential-actions\/2026\/01\/stopping-wall-street-from-competing-with-main-street-homebuyers\/\" rel=\"noreferrer noopener\">said<\/a>. &ldquo;My Administration will take decisive action to stop Wall Street from treating America&rsquo;s neighborhoods like a trading floor and empower American families to own their homes.&rdquo;<\/p>\n<p>Miller presented the numerous challenges people face when purchasing a home in the country today as justification for her bill in a press release on Wednesday.<\/p>\n<p>&ldquo;According to the National Association of Realtors, the <a target=\"_blank\" href=\"https:\/\/iqconnect.house.gov\/iqextranet\/iqClickTrk.aspx?&amp;cid=IL15MM&amp;crop=15598.16095776.5528129.8040647&amp;report_id=&amp;redirect=https%3a%2f%2fwww.nar.realtor%2fnewsroom%2ffirst-time-home-buyer-share-falls-to-historic-low-of-21-median-age-rises-to-40&amp;redir_log=509430781497755\" rel=\"noreferrer noopener\">average<\/a> first-time homebuyer is now 40 years old, with first-time buyers making up just 21 percent of the market,&rdquo; read Miller&rsquo;s release. &ldquo;A 2024 Government Accountability Office <a target=\"_blank\" href=\"https:\/\/iqconnect.house.gov\/iqextranet\/iqClickTrk.aspx?&amp;cid=IL15MM&amp;crop=15598.16095776.5528129.8040647&amp;report_id=&amp;redirect=https%3a%2f%2fwww.gao.gov%2fassets%2fgao-24-106643.pdf&amp;redir_log=129898073273279\" rel=\"noreferrer noopener\">study<\/a> estimated that institutional investors collectively own roughly 300,000 homes nationwide, with ownership heavily concentrated in metropolitan areas. In some cities in America, institutional investors own 25% of single-family rentals.&rdquo;<\/p>\n<p><strong><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/news\/supreme-court\/4426394\/trumps-battle-federal-reserve-faces-supreme-court-test\/\">TRUMP&rsquo;S BATTLE WITH THE FEDERAL RESERVE FACES SUPREME COURT TEST<\/a><\/strong><\/p>\n<p>To offer a remedy to these challenges, <a target=\"_blank\" href=\"https:\/\/marymiller.house.gov\/sites\/evo-subsites\/marymiller.house.gov\/files\/evo-media-document\/american-family-housing-act-bill.pdf\" rel=\"noreferrer noopener\">Miller&rsquo;s bill<\/a> would restrict &ldquo;large-scale&rdquo; companies from purchasing &ldquo;any single-family residence&rdquo; and require the SEC to &ldquo;monitor and enforce restrictions preventing large institutional investment firms from <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wall-street-firms-are-buying-up-single-family-homes\/\" title=\"... Are ... Up ...\">purchasing single-family homes<\/a>.&rdquo; Miller&rsquo;s bill would apply such requirements only to future purchases and would be limited to corporations with &ldquo;more than $100 billion in assets under management.&rdquo; It would take effect 100 days after the bill&rsquo;s approval to prevent sizable fluctuations and market destabilization.<\/p>\n<p>&ldquo;President Trump is right to confront this crisis, and my American Family Housing Act ensures homes are owned by families, not large institutional investors,&rdquo; Miller said.<\/p>\n<\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rep. Miller proposes ban on investors buying family homes<\/p>\n","protected":false},"author":2677,"featured_media":2547402,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/12\/AP24010791191301.jpg?w=696","fifu_image_alt":"","footnotes":""},"categories":[33651],"tags":[43922,6203,4344,4762,70589],"class_list":["post-2547401","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-western-journal","tag-affordable-housing","tag-gop","tag-housing","tag-legislation","tag-real-estate-investors"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/12\/AP24010791191301.jpg?w=696","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2547401","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2677"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2547401"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2547401\/revisions"}],"predecessor-version":[{"id":2547410,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2547401\/revisions\/2547410"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2547402"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2547401"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2547401"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2547401"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}