Senator Baldwin Leads Bill to Expand Affordable Housing, Crack Down on Wealthy Investors Who Buy Local Homes
Press Release
Issues: Housing and Property
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"Wealthy, out-of-state investors are buying up housing stock in Wisconsin -- driving up rent and putting home ownership out of reach for too many in the state. It's wrong and we need to both crack down on these Wall Street investors and also do more to preserve and expand access to affordable housing for the Wisconsinites who live, work, and raise families in our communities. Our bill will get at both ends of this problem -- disincentivizing any wealthy investor from gobbling up Wisconsin's housing and, if someone does, then making sure they are part of the solution to create more opportunities for safe, affordable housing."
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