Nevada lawmakers consider limiting corporate homebuying

As home prices rise in Nevada, lawmakers are considering Senate Bill 391, which aims to limit the number of homes corporations can buy annually. Sponsored by State Senator Dina Neal, the bill seeks to help families achieve homeownership amid competition from corporate investors. It proposes a state registry for corporate buyers and limits purchases to 100 homes per year. Supporters argue it will improve access for individual buyers, while opponents warn it could disrupt the housing market and harm local businesses. The bill has passed the Judiciary Committee and is set for a Senate vote.