I spend a percentage of my time researching news stories and proposals along with keeping up with market trends around the country. Doing so keeps my clients and myself up to date and made aware of opportunities and situations to anticipate and potentially deal with.
It seems that many real estate professionals and investors are not aware of many matters in other areas which could impact their business. House Bill 18 in Kentucky is a significant example. If something passes statewide in one place, you can bet that other states and large municipalities will be monitoring the results.
This Bill would limit the growth of adding multi-family properties during a time in which many parts of the country are experiencing a housing shortage. It also limits the ability for single-family landlords to rent their properties. While I understand that the industry wants more people to experience advantages of home ownership, there is also the reality that at this point in time fewer and fewer people can realistically afford it.
If this measure passes in Kentucky, real estate investors will be forced to look elsewhere, while there are zero assurances that more consumers would be able to suddenly purchase their own home. Meanwhile, an investor or developer unaware of this possibility could be making a huge mistake by investing prior to the passing of House Bill 18.
Let my team and me guide you and your team with important research.
https://lexingtonky.news/2025/02/25/kentucky-bill-adds-hurdle-for-multi-family-housing-amid-supply-shortage/
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