Harris has begun to provide details about her policy positions after abruptly becoming the Democratic nominee.
www.nbcnews.com
“… Harris will propose plans to stop data firms from driving up lease rates and plans aimed at stopping Wall Street investors from buying up and reselling homes in bulk at a higher price, according to the proposal.
As part of the rollout, Harris will call on Congress to pass the
Preventing the Algorithmic Facilitation of Rental Housing Cartels Act, a bill introduced by Sens. Ron Wyden, D-Ore., and Peter Welch, D-Vt., that they said would prevent corporate landlords from using private equity-backed price-setting tools to raise rents dramatically in communities across the country.
Harris will also call on Congress to pass the
Stop Predatory Investing Act, a bill introduced by Sen. Sherrod Brown, D-Ohio, and several other Democratic senators. The bill is designed to stop communities from being taken advantage of by Wall Street investors and distant landlords. The bill would curtail those practices by removing key tax benefits for major investors who acquire large numbers of single-family rental homes.
… Harris also plans to express support for the ongoing efforts by the Biden administration to “expand rental assistance for Americans including for veterans, boost housing supply for those without homes, enforce fair housing laws, and make sure corporate landlords can’t use taxpayer dollars to unfairly rip off renters.” …”