1. United States
2. Calif.
3. Letter

The housing crisis in our nation is reaching unprecedented levels, making homeownership increasingly out of reach for many hardworking individuals and families. A major contributor to this crisis is the unchecked activity of Wall Street firms and institutional investors who are treating homes as mere speculative assets, driving up prices and pricing out potential homebuyers. We cannot stand idly by as private equity giants and corporate landlords continue to exploit the housing market for their own profit, at the expense of our communities. The Stop Wall Street Landlords Act seeks to put an end to this predatory behavior by implementing sensible regulations and disincentives for large investors to hoard single-family homes. This legislation represents a critical step towards restoring balance and fairness to the housing market, ensuring that homes are available and affordable for those who need them most. I strongly urge you to support this bill and prioritize the needs of everyday Americans over the greed of wealthy investors. Our constituents deserve the opportunity to build equity and achieve the dream of homeownership without being priced out by exploitative corporate tactics. Together, we can take meaningful action to address this crisis and make housing more accessible for all.