The rising share of residential properties being purchased by corporations and asset managers has put renters and buyers in a headlock. Complete domination of markets means the natural equilibrium of supply/demand can be skirted to squeeze every last dollar out of renters . How is any individual or family supposed to make a competitive offer when bidding against a corporation with vastly more resources?

“The real estate analyst and appraiser from Sacramento (Ryan Lundquist) discovered that Invitation Homes owns 11,000 homes in California, with nearly 2,000 of those in Sacramento” according to yahoo news.
That is why California democratic assembly lawmaker Alex Lee is attempting to take on these corporate firms by limiting the number of residential houses they can buy.
Assembly bill 1240 attempts to cap the number of single-family homes available for purchase to corporate firms at 1,000.

According to CBS News Sacramento, as of July 2025, the bill has passed the Assembly and is headed to the Senate Judiciary Committee.
Although this is a great start, it still leaves of the question of how to prevent collections of companies and firms from outbidding family home buyers. Whether a singular twelve-figure asset firm or a collection of medium sized real estate holding companies, the effects on home buyers and renters is still the same.
These are the questions that the people of California and America must face head on if we want to see resolve. Corporations don’t back down easily, so it is on the shoulders of the people to fight and shine a light on these issues .