Texas bill would limit corporate ownership of rental homes to 10

Texas lawmakers are proposing Senate Bill 443 to limit corporate ownership of single-family rental homes to 10 properties. The bill includes a study on the impact of corporate ownership on housing prices and aims to create a public database of corporate owners. Corporations exceeding the limit could face fines of $100,000 per additional unit. This follows a previous vetoed bill that sought to study corporate ownership's effects without imposing limits. Governor Abbott has expressed concerns about corporate buying distorting the housing market for average Texans.