{
  "_notice": {
    "type": "free_key_offer",
    "message": "Free and anonymous access is staying. If this endpoint is in your pipeline, a free key adds advance notice before any schema change or deprecation. POST /v1/keys {\"email\": \"you@firm.com\"} — nothing else required. Something broken or missing? hello@clearmarket.fyi reaches a human.",
    "docs": "https://clearmarket.fyi/for-data/",
    "policy": "This field is additive and its shape will not change."
  },
  "event_id": "CM-EVT-HH1QMWSWC1",
  "slug": "kxhfhousing-27",
  "question": "Will legislation restricting institutional single-family home investment become law? (multi-deadline series, 2026-2027)",
  "category": "politics",
  "event_type": "BINARY",
  "ladder_distribution": null,
  "tags": [
    "politics",
    "housing-policy",
    "institutional-investment",
    "us-legislation",
    "2026",
    "real-estate-regulation"
  ],
  "catalyst_types": [],
  "catalyst_dates": [],
  "editorial_notes": "These markets track whether Congress will enact legislation taxing or restricting institutional single-family home purchases. Three Kalshi contracts tier the same binary outcome across three deadlines: July 1, August 1, and January 1, 2027. The staggered structure prices legislative timing risk, not directional uncertainty. Kalshi staff determination draws from the Library of Congress legislative tracking system for resolution.",
  "venues_covered": [
    "kalshi"
  ],
  "primary_market_id": "CM-MKT-8DTDBNXD07",
  "current_primary_mark": {
    "last_price": 0.999,
    "implied_probability": 0.999
  },
  "created_at": "2026-07-06T00:30:45.836226+00:00",
  "updated_at": "2026-07-06T00:30:45.836226+00:00",
  "markets": [
    {
      "market_id": "CM-MKT-SD6ZYSYKD3",
      "event_id": "CM-EVT-HH1QMWSWC1",
      "platform": "kalshi",
      "platform_market_id": "KXHFHOUSING-27-JUL26",
      "question": "Will a bill become law taxing or banning hedge funds from owning homes before election day?",
      "description": "Before Jul 1, 2026",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Before Jul 1, 2026: The Library of Congress legislative tracking system confirms whether a bill taxing or banning the referenced entity from the specified activity became law by January 1, 2027.",
      "close_at": "2026-07-01T03:59:00Z",
      "resolve_at": "2026-07-08T14:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If a bill becomes law that imposes an excise tax on investment firm ownership of single-family homes (including if the tax is only imposed on newly bought homes) or bans investment firms from owning single-family homes outright (or which bans buying new homes) before Jul 1, 2026, then the market resolves to Yes.\n\nAn example of such a bill is here. Such legislation can have an assets under management or net value requirement for the funds and still be included within the Payout Criterion (e.g. it only applies to funds with assets under management of at least $50 million). Such legislation may also only tax certain assets, e.g. only second and third homes but not first owned by a firm.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "Library of Congress",
        "source_status": "platform_named",
        "source_citation": "https://www.congress.gov",
        "sources": [
          {
            "name": "Library of Congress",
            "url": "https://www.congress.gov",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": "Library of Congress",
        "source_mechanism": "single_authority",
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 90,
        "caps": [],
        "applied_factors": 6
      },
      "last_price": 0.05,
      "implied_probability": 0.05,
      "volume_24h_usd": 0,
      "volume_total_usd": 5690.549500000001,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": null,
      "also_on": null,
      "tags": [
        "hedge-funds",
        "housing",
        "institutional single family",
        "legislation",
        "regulation"
      ],
      "eligibility_screens": [
        {
          "regime": "ciro-26-0076",
          "screen_version": "v1",
          "status": "not_eligible",
          "reasons": [
            "category_not_permitted"
          ],
          "bucket": null,
          "screened_at": "2026-06-12"
        }
      ]
    },
    {
      "market_id": "CM-MKT-KKQ90Y81P4",
      "event_id": "CM-EVT-HH1QMWSWC1",
      "platform": "kalshi",
      "platform_market_id": "KXHFHOUSING-27-AUG26",
      "question": "Will a bill become law taxing or banning hedge funds from owning homes before election day?",
      "description": "Before Aug 1, 2026",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Before Aug 1, 2026: The Library of Congress legislative tracking system confirms whether a bill taxing or banning the referenced entity from the specified activity became law by January 1, 2027.",
      "close_at": "2026-08-01T03:59:00Z",
      "resolve_at": "2026-08-08T14:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If a bill becomes law that imposes an excise tax on investment firm ownership of single-family homes (including if the tax is only imposed on newly bought homes) or bans investment firms from owning single-family homes outright (or which bans buying new homes) before Aug 1, 2026, then the market resolves to Yes.\n\nAn example of such a bill is here. Such legislation can have an assets under management or net value requirement for the funds and still be included within the Payout Criterion (e.g. it only applies to funds with assets under management of at least $50 million). Such legislation may also only tax certain assets, e.g. only second and third homes but not first owned by a firm.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "Library of Congress",
        "source_status": "platform_named",
        "source_citation": "https://www.congress.gov",
        "sources": [
          {
            "name": "Library of Congress",
            "url": "https://www.congress.gov",
            "provenance": "platform_api"
          }
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        "source_of_record": "Library of Congress",
        "source_mechanism": "single_authority",
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 90,
        "caps": [],
        "applied_factors": 6
      },
      "last_price": 0.99,
      "implied_probability": 0.99,
      "volume_24h_usd": 0,
      "volume_total_usd": 83268.7119,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": null,
      "also_on": null,
      "tags": [
        "hedge-funds",
        "housing",
        "institutional single family",
        "legislation",
        "regulation"
      ],
      "eligibility_screens": [
        {
          "regime": "ciro-26-0076",
          "screen_version": "v1",
          "status": "not_eligible",
          "reasons": [
            "category_not_permitted"
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          "bucket": null,
          "screened_at": "2026-06-12"
        }
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    },
    {
      "market_id": "CM-MKT-8DTDBNXD07",
      "event_id": "CM-EVT-HH1QMWSWC1",
      "platform": "kalshi",
      "platform_market_id": "KXHFHOUSING-27",
      "question": "Will a bill become law taxing or banning hedge funds from owning homes before election day?",
      "description": "Before Jan 1, 2027",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Before Jan 1, 2027: The Library of Congress legislative tracking system confirms whether a bill taxing or banning the referenced entity from the specified activity became law by January 1, 2027.",
      "close_at": "2027-01-01T04:59:00Z",
      "resolve_at": "2027-01-08T15:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If a bill becomes law that imposes an excise tax on investment firm ownership of single-family homes (including if the tax is only imposed on newly bought homes) or bans investment firms from owning single-family homes outright (or which bans buying new homes) before Jan 1, 2027, then the market resolves to Yes.\n\nAn example of such a bill is here. Such legislation can have an assets under management or net value requirement for the funds and still be included within the Payout Criterion (e.g. it only applies to funds with assets under management of at least $50 million). Such legislation may also only tax certain assets, e.g. only second and third homes but not first owned by a firm.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "Library of Congress",
        "source_status": "platform_named",
        "source_citation": "https://www.congress.gov",
        "sources": [
          {
            "name": "Library of Congress",
            "url": "https://www.congress.gov",
            "provenance": "platform_api"
          }
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        "source_of_record": "Library of Congress",
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        "source_quality": "authoritative",
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
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      "rcg": {
        "grade": "A",
        "score": 90,
        "caps": [],
        "applied_factors": 6
      },
      "last_price": 0.999,
      "implied_probability": 0.999,
      "volume_24h_usd": 1081.917,
      "volume_total_usd": 200183.82579,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": null,
      "also_on": null,
      "tags": [
        "hedge-funds",
        "housing",
        "institutional single family",
        "legislation",
        "regulation"
      ],
      "eligibility_screens": [
        {
          "regime": "ciro-26-0076",
          "screen_version": "v1",
          "status": "not_eligible",
          "reasons": [
            "category_not_permitted"
          ],
          "bucket": null,
          "screened_at": "2026-06-12"
        }
      ]
    }
  ],
  "resolution_log": [],
  "_provenance": {
    "source": "clearmarket.fyi",
    "ref": "CM-EVT-HH1QMWSWC1",
    "terms": "Attribution required. clearmarket.fyi"
  }
}