Democrats in Congress proposed bill that could end hedge funds' interference in US single-family home market; proposed bill would bar them from owning such properties in the future.
Companies Reporting Before The Bell
• AudioCodes (NASDAQ:AUDC) is estimated to report quarterly earnings at $0.18 per share on revenue of $61.52 million.
For decades, institutional investors have been major players in the multifamily space. Now they’re turning their attention to detached single-family rental homes — a market segment that traditionally has been dominated by individual owners or small businesses.