Brown, Colleagues Introduce Bill to Crack Down on Big Corporate Investors that Buy Up Local Homes, Drive Up Housing Prices

Press Release

"Without an affordable, safe place to live, nothing else in your life works. Not your job, your health, education or family. We know the housing crisis is hurting far too many Americans, and big corporate investors and private equity firms are driving up costs even more by buying up greater shares of the market and crowding out regular families. This bill would limit the subsidies these companies receive, which give them an unfair advantage in the market and put homeownership and affordable housing out of reach for an increasing number of Americans."

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