Preserving homeownership options by limiting excessive home buying by certain entities.

This bill aims to address the housing crisis in Washington by limiting large investment and business entities from buying existing single-family homes. If passed, entities owning more than 50 single-family homes would be prohibited from purchasing additional ones, and investment entities would be barred from buying any single-family homes. Exceptions exist for non-profits, those renovating homes to meet building codes, or acquiring properties through foreclosure.

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