Investor ownership of housing

Whether hedge funds, private equity firms and other large investors may buy and own single-family homes and rental housing, what tax benefits they get, and how that affects prices and rents.

Stop large investors from buying up homes

8 members
Roy Cooper
Senate · North Carolina · Democrat
“Roy Cooper has a plan to lower the cost of housing by stopping the bad actors driving up the price for families, including by stopping big corporations and foreign companies from buying single-family homes and preventing companies that make rent-pricing software from using algorithms to drive up rent with landlords. He’d also make it easier to build more housing, driving down the cost for everyone.”
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“Stop Big Corporations, Investment Funds and Foreign Companies from Buying Single-Family Homes. Restrict big corporate buyers from owning large portfolios of single-family homes that drive up prices for families trying to buy a home.”
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“Roy Cooper’s plan would provide incentives to build more housing, lowering the overall cost of housing. It would stop big corporations, like investment funds and foreign companies, from buying single-family homes. He’d ban the algorithms from companies like RealPage and Yardi that use real-time data to increase rents. And he’d eliminate the unnecessary rules and red tape that make it harder to build houses and drive up costs, and eliminate the tariffs that make building materials more expensive.”
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“Roy Cooper supports banning corporate investors from buying single-family homes, ensuring that they can’t drive up prices for families.”
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Abdul El-Sayed
Senate · Michigan · Democrat
“I want to ban large corporations that speculate on our housing stock from owning homes at all.”
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Peggy Flanagan
Senate · Minnesota · Democrat
“An increasing number of homes in Minnesota are owned by Wall Street speculators who are outbidding hardworking Minnesota families. Peggy believes we should ban large corporate landlords and hedge funds from purchasing single-family homes.”
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Adam Hamilton
Senate · Kansas · Democrat
“Ban Wall St. and other investors from buying up single family homes and driving up prices on Kansas families. Investors increasingly are purchasing a large share of single family homes for sale nationwide, topping 30% of all sales in 2025. In 2025, roughly one in five homes sold in the Kansas City area went to an investor, among the highest rates of any major metro in the country, and across Kansas investors bought close to the same share. Congress just passed a first-ever limit on the largest institutional investors, and that is real progress. But the limit only applies going forward, does nothing about the homes already bought up, and leaves loopholes that let the biggest firms split into smaller entities to keep buying. Adam supports closing those loopholes so the rule actually protects Kansas families.”
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Troy Jackson
Senate · Maine · Democrat
“Two thirds of our largest mobile home parks have been bought up by private equity. Private equity has been buying up our lives, making it harder for people in this country under Susan Collins' watch. That is something that when I'm in the U.S. Senate, I'm going to take on because that's what I do, and I can't stand this bullshit anymore.”
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Chris Pappas
Senate · New Hampshire · Democrat
“Homes should be owned by Granite Staters, not Wall Street firms that squeeze working families for every dollar they can. I’m fighting to cut red tape to make it easier to build new units and I’ll work to make building materials more affordable for local businesses so we can increase housing supply and keep costs down.”
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“Last week, Pappas joined bipartisan majorities in the House and Senate to pass the landmark housing bill, only for President Trump to abruptly cancel the planned signing ceremony leaving the effort in limbo. The 21st Century ROAD to Housing Act would also provide funding and cut red tape to help build more homes for the middle-class and lower the cost of housing by blocking Wall Street hedge funds and private equity firms from buying up single-family homes.”
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“Pappas is fighting back against Wall Street investors that are buying up housing and manufactured home communities, driving up rents and making it harder for families to stay in their homes.”
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“I was very proud to vote for the 21st Century Road to Housing Act that made its way through Congress. [A] bipartisan bill [that] wasn’t signed into law by Trump, but he let it become law without his signature. And that bill does a few things: takes on Wall Street’s practice of gobbling up single-family homes and jacking up housing costs, cuts red tape and makes it easier to build, and provides direct grants to communities that are thinking creatively about how to rezone and build below-market-rate units.”
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James Talarico
Senate · Texas · Democrat
“Lower housing costs: Stop corporate landlords from engaging in market manipulation to artificially hike rents, ban Wall Street from buying up housing stock to enrich wealthy investors while making it harder for families to afford homes, expand the Low-Income Housing Tax Credit, repeal outdated red tape that hinders the construction of housing, support legislation to lower property insurance costs, and create a federal task force charged with helping communities use quality, cost-effective options like factory-built “modular” homes to speed up construction timelines.”
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Josh Turek
Senate · Iowa · Democrat
“I agree with him that we need to drive private equity out of housing.”
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“In the Iowa House, Josh fought to make the dream of owning a home more in reach, sponsoring legislation to cut taxes for first-time homebuyers and to limit the ability of private equity to buy up Iowa homes.”
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“Ban Wall Street private equity firms from purchasing single family homes and farmland to make housing more affordable and protect small family farms.”
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Stop corporate landlords from artificially raising rents

1 member
James Talarico
Senate · Texas · Democrat
“Lower housing costs: Stop corporate landlords from engaging in market manipulation to artificially hike rents, ban Wall Street from buying up housing stock to enrich wealthy investors while making it harder for families to afford homes, expand the Low-Income Housing Tax Credit, repeal outdated red tape that hinders the construction of housing, support legislation to lower property insurance costs, and create a federal task force charged with helping communities use quality, cost-effective options like factory-built “modular” homes to speed up construction timelines.”
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Ban algorithms that landlords use to set rents

1 member
Roy Cooper
Senate · North Carolina · Democrat
“Roy Cooper has a plan to lower the cost of housing by stopping the bad actors driving up the price for families, including by stopping big corporations and foreign companies from buying single-family homes and preventing companies that make rent-pricing software from using algorithms to drive up rent with landlords. He’d also make it easier to build more housing, driving down the cost for everyone.”
View on their website ↗
“Roy Cooper’s plan would provide incentives to build more housing, lowering the overall cost of housing. It would stop big corporations, like investment funds and foreign companies, from buying single-family homes. He’d ban the algorithms from companies like RealPage and Yardi that use real-time data to increase rents. And he’d eliminate the unnecessary rules and red tape that make it harder to build houses and drive up costs, and eliminate the tariffs that make building materials more expensive.”
View on their website ↗

Protect tenants from unfair evictions and abuse by corporate landlords

1 member
Abdul El-Sayed
Senate · Michigan · Democrat
“And I will stand up to corporate landlords against unfair evictions that are forcing too many Americans onto the streets.”
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