Merkley, Smith Lead Bicameral Action to Ban Hedge Fund Ownership of Residential Housing
December 05, 2023
December 05, 2023
WASHINGTON, Dec. 5 -- Sen. Jeff Merkley, D-Oregon, issued the following news release:
Washington, D.C. - Oregon's U.S. Senator Jeff Merkley and U.S. Representative Adam Smith (D-WA-09) teamed up to introduce the bicameral End Hedge Fund Control of American Homes Act of 2023. This legislation responds directly and forcefully to a persistent and growing problem -- What Happens When Wall Street Buys Most of the Homes on Your Block? The purchasing of single-family homes by hedge funds, . . .
Washington, D.C. - Oregon's U.S. Senator Jeff Merkley and U.S. Representative Adam Smith (D-WA-09) teamed up to introduce the bicameral End Hedge Fund Control of American Homes Act of 2023. This legislation responds directly and forcefully to a persistent and growing problem -- What Happens When Wall Street Buys Most of the Homes on Your Block? The purchasing of single-family homes by hedge funds, . . .