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Sign my 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.



Posted on December 8, 2022.

Born in the small town of Myrtle Creek, Oregon, Jeff Merkley has never lost touch with his working class roots.

As a U.S. Senator, he works every day to create opportunity for working families, stop the corruption of our democracy, and tackle the climate crisis.

A workhorse and a progressive champion, Jeff Merkley is leading a movement to get our country back on track.

Meet Jeff

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