Assembly Bill 1240, proposed and authored by State Assembly Member Alex Lee, would prohibit institutional investors that already own more than 1,000 single-family homes from purchasing any additional properties to convert into rentals.
One thousand already seems insanely large, and I'm a one apartment renter.
How did he come to choose one thousand for a limit? Is that a low number? A high number?
He'd be grasping at straws for the next controversial thing to distract from the Epstein files getting out and proving his pedophilia