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NPR News: 01-09-2025 8PM EST

175.685 - 195.076 Jack Spear

With some hedge funds buying up single-family properties in the state, New York Governor Kathy Hochul says she plans to introduce legislation requiring a 75-day waiting period for big investment firms can place bids on new homes. There are concerns about large investment firms gobbling up housing stock at a time there is a shrinking supply. You're listening to NPR.

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