By Matt Wasielewski | Bisnow
Congress is weighing a housing bill that industry groups warn would “effectively shut down” build‑to‑rent development, but the sector’s biggest public operators are acting like the threat won’t stick.
Invitation Homes and AMH poured a combined $554M into stock buybacks in the first quarter in a show of confidence that legislators will respond to lobbying efforts and ultimately soften rules that critics say amount to a ban on the business model.
“There’s so many unanswered questions and ambiguous directives within that original bill that it just makes it very hard for us to understand how they could actually implement it,” Southern Impression Homes CEO Chris Funk said. “I don’t think it’s so much that people aren’t nervous, it’s just that they know that there’s going to have to be changes.”
