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Lawmakers debate curbs on corporate purchases of single‑family homes; committee report upheld
Summary
Legislation to bar or limit corporate purchases of single‑family homes drew extended personal testimony and national data in the New Hampshire House; the majority committee report that the bill is inexpedient to legislate was adopted on the floor.
House Bill 6 23, which would prohibit corporations and other non‑natural persons from purchasing single‑family homes for a defined period, prompted extended floor debate on Thursday over market impacts, enforcement, and unintended consequences.
Representative Murray, speaking in favor of tabling the bill so a floor amendment could be drafted, said corporate purchases have surged and are pricing out first‑time buyers. Murray recounted personal experience of being outbid by institutional buyers and cited national research…
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