Baldwin, Colleagues Introduce Bill to Crack Down on Corporate Investors That Buy Up Local Homes, Drive Up Housing Prices

Date: July 11, 2023
Location: WASHINGTON, D.C.

"When Wall Street investors buy up houses in Wisconsin, they drive up rent and lock out hard working families from affordable housing. By eliminating tax incentives for out-of-state landlords and wealthy investors who are only interested in their bottom line, we can better ensure Wisconsin families are able to buy a home in their neighborhoods and create stronger communities. I am proud to work to expand access to affordable housing for working families and first-time homebuyers and prevent wealthy out-of-state investors from snatching up homes and pricing Wisconsinites out of the communities they love."


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