Tag: Build To Rent

By Booker Lightman | Guest Commentary, Rocky Mountain Voice How a Senate bill to increase construction will do the opposite You may have heard about a bipartisan omnibus bill currently being debated in the U.S. Senate, called the ROAD to Housing Act. From the name, you might think it’s about promoting housing construction, and that’s indeed how it’s being sold in the media.  Yet a provision recently added to the bill, which forces build-to-rent companies to sell their homes within seven years, would cripple housing production and drive up housing costs for everyone. Why is the forced sale provision bad?  The seven-year deadline would incentivize builders to prioritize speed over quality and hide defects rather than take the time to fix them. It would...