Raphael Warnock

U.S. Sen. Raphael Warnock, Atlanta Mayor Andre Dickens tout new measure as a step in the right direction.

U.S. Sen. Raphael Warnock (at lectern) said Monday he hopes his provision to the 21st Century ROAD to Housing Act will help “stop the spread” of private equity firms buying up single-family homes. He was joined at a news conference about the new law by (from left) Jacob Parcel and his son Dominic, Atlanta City Council member Andrea Boone and Atlanta Mayor Andre Dickens. (Ben Gray for the AJC)

By Shaddi Abusaid

4 minutes ago

A federal law limiting the number of houses that can be snatched up by private equity firms could have a major impact on prospective homebuyers in metro Atlanta.

The new measure, which became law over the weekend, caps the number of houses that can be purchased by real estate investors at 350 going forward, U.S. Sen. Raphael Warnock told reporters Monday.

Standing in front of a three-bedroom Adamsville rental owned by a private equity firm, the Democratic senator was joined by Mayor Andre Dickens and Atlanta City Council member Andrea Boone, both of whom grew up in the Westside community.

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Atlanta Mayor Andre Dickens (right) greets U.S. Sen. Raphael Warnock before their news conference about the 21st Century ROAD to Housing Act on Monday, July 13, 2026. (Ben Gray for the AJC)

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“I spend my days talking to people of all walks of life, and the conversation that comes up the most is how hard it’s become to afford a place to live or to buy a home,” said Jacob Parcel (left), who brought his son Dominic, 9, to the news conference. (Ben Gray for the AJC)

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Dominic Parcel's dad, told those at the news conference he has been trying to buy a home for two years. (Ben Gray for the AJC)

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