US housing crunch puts private equity in midterm campaign crosshairs

• Private equity firms are facing increased political scrutiny in the US midterms, with candidates blaming them for soaring housing costs and reduced affordability.
• Numerous candidates are pledging to restrict institutional investment in single-family homes and other real estate, citing negative impacts on rent, maintenance, and home values.
• While some new regulations aim to limit large investors, specialized real estate firms may fall outside their scope, highlighting ongoing debates about the role of private capital in the housing market.

Topics: Asset types, Legal regulatory, Institutional adoption, Real assets, Investor protection disclosure, Asset manager initiatives

Tags: #privateequity #housingcosts #midtermelections #institutionalinvestors #realestate #affordablehousing #campaigntrail #rents #homeownership #politicalscrutiny

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Vietnam’s Mortgage Rate Surge Putting Homeownership Out of Reach

Mortgage rates in Vietnam have climbed steeply, with average charges now around 12% to 14% and floating rates reaching as high as 15% to 16%. The country's push to build infrastructure is putting strain on banks, which are facing a funding shortfall, and the central bank has urged lenders to rein in loans to the property sector. The combination of higher borrowing costs and limited affordable housing is weighing on sales, which were down 36% in the second quarter from a year earlier, and putting pressure on developers' cash flow and inventories.

• Mortgage rates in Vietnam have surged to 12-16%, making homeownership increasingly unaffordable for many citizens.
• This surge is driven by banks facing funding shortfalls due to infrastructure investment demands, leading the central bank to curb property lending.
• The combination of high rates, limited affordable housing, and developer cash flow issues has led to a significant drop in sales and poses risks to financial stability.

Topics: Asset types, Scalability, Market cycles macro sensitivity, Real assets, Market depth liquidity, Interest rate sensitivity

Tags: #vietnam #mortgagerates #realestate #homeownership #interestrates #housingaffordability #developers #centralbank #creditgrowth #fundingshortfall

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Veterans are using this homebuying benefit more often — but many still don’t know it exists

More military buyers are turning to VA-backed mortgages as affordability pressures mount, but a new survey suggests many eligible borrowers remain unfamiliar with the benefit.

• VA-backed mortgages are seeing increased usage among military buyers due to affordability pressures, with VA loans accounting for 7.7% of mortgaged home purchases in March.
• Despite increased adoption, a significant portion of eligible veterans and service members remain unaware of or unfamiliar with the full benefits of VA loans.
• The article highlights personal stories of veterans successfully using VA loans for homeownership, emphasizing its role in achieving the 'American dream' and building equity.

Topics: Asset types, Jurisdictions, Institutional adoption, Real assets, Established hubs, Onboarding prime brokerage

Tags: #valoans #homeownership #veterans #mortgagerates #affordability #downpayment #rocketmortgage #redfin #militarybuyers #usarmy

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Bill limiting investors from buying homes set to speed through Congress

Top lawmakers reached an agreement on a key housing bill that would limit investor ownership, clearing the way for passage through both chambers of Congress.

• A new housing bill limiting major investors from buying single-family homes is nearing passage in Congress.
• The legislation aims to increase home affordability by capping investor purchases at 350 homes.
• Senator Elizabeth Warren highlighted the bill's significance in restricting private equity's expansion into residential neighborhoods.

Topics: Asset types, Legal regulatory, Political endorsements opposition, Real assets, Securities law classification, Pro innovation policy

Tags: #investorownership #housingbill #congress #privateequity #singlefamilyhomes #affordablehousing #realestate #legislation #homeownership

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