“The proposal includes various exemptions from the ban, including for investors who build or heavily renovate homes for the sole purpose of renting them out”
The “heavily renovate” loophole will need to be tight. Otherwise, you can exempt yourself from the law with a Midas touch—turn everything you buy into luxury housing.
The “heavily renovate” loophole will need to be tight. Otherwise, you can exempt yourself from the law with a Midas touch—turn everything you buy into luxury housing.