Demand Progress

Tell Congress to pass the Stop Predatory Investing Act!

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    Tell Congress to pass the Stop Predatory Investing Act!

    Petition to Congress:
    We urge you to pass the Stop Predatory Investing Act.

    Wall Street private equity firms are buying up whole blocks of homes across the country and jacking up prices for homebuyers and renters.

    Senators Sherrod Brown and Ron Wyden introduced the Stop Predatory Investing Act to halt this version of Wall Street greed. Corporate landlords and real estate investment firms shouldn’t be driving up housing costs for all Americans.

    Sign the petition: Tell Congress to pass the Stop Predatory Investing Act to put the people ahead of Wall Street greed in the housing market.

    After introducing the bill, Senator Wyden said, “America's housing policy desperately needs a remodel, and by looking out for the interests of working people and the middle class, this bill represents a key part of the blueprints.”1

    This legislation will help keep renters in their current homes, open up new affordable housing for first-time homebuyers and potential renters, and reduce advantages held by private equity firms who currently dominate the markets. As a result, more families will have a safe and affordable place to live.

    Add your name: Reduce the cost of housing with the Stop Predatory Investing Act!

    Sources:

    1. Office of Senator Sherrod Brown, “Brown, Colleagues Introduce Bill To Crack Down on Big Corporate Investors that Buy Up Local Homes, Drive Up Housing Prices,” July 11, 2023.