Thursday, December 29, 2022

Sign the petition: Stop Wall Street from driving up housing costs

 

 
 

The affordable housing crisis is impacting nearly every community, every neighborhood. Rents are going up almost everywhere, even as families struggle to make ends meet. Home prices, especially for first-time home buyers, keep climbing.

It's like there's some invisible force driving up rents and home prices.

It's not your imagination.

It's Wall Street.

All across America, hedge funds and private equity firms are buying up housing. They use their vast fortunes to outbid everyday Americans looking to buy homes. And because their investors demand Wall Street-style returns, they're driving up rents and cutting back on repairs.

I've got a plan. And I'd like your support, to help me demonstrate to my colleagues that we have to take action.

Here's how my plan works: Ban big financial companies from buying up residential housing. It's not complicated! The homes in our neighborhoods should be for ordinary people, not Wall Street.

Sign my petition: Tell Congress to ban hedge fund investors from owning single-family homes.

It's a big problem and a complicated issue — but the solution is simple: Make Wall Street stop buying homes and jacking up the cost of housing.

Onward!

Jeff


 
 

Paid for by Jeff Merkley for Oregon.

  

This email was sent by Jeff Merkley
Jeff Merkley for Oregon
PO Box 14172
Portland, OR 97293
United States

Email is an important way for Jeff Merkley to keep supporters like you informed about critical issues and to build a winning grassroots campaign.





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