NYSE:SKYConsumer Durables
Champion Homes (SKY) Is Up 9.4% After ROAD to Housing Act Modernizes Manufactured-Housing Rules
Earlier this week, both chambers of the US Congress passed the bipartisan 21st Century ROAD to Housing Act, which cuts red tape, streamlines environmental reviews, modernizes manufactured-housing rules, and restricts large institutional investors from further expanding single-family home portfolios.
This legislation directly targets long-standing regulatory and competitive barriers in the housing market, potentially altering the operating backdrop for manufactured-home producers such as...