Senate Democrats Target Private Equity's Housing Playbook With Bill To End Key Tax Breaks

Senate Democrats Target Private Equity's Housing Playbook With Bill To End Key Tax Breaks

Senate Democrats introduced a legislative measure that would end major federal tax deductions for private equity and Wall Street landlords.

Real Reform to Confront Private Equity Takeover of the Nation’s Housing

By: Caroline Nagy Rising housing costs are a critical driver of the current affordability crisis, and they cannot be addressed without genuinely confronting the role of private equity and big investors buying up the nation’s housing stock.   The American Homeownership Act, introduced earlier this week by Senator Warren and 17 co-sponsors – does that. The bill would strip private equity and hedge fund landlords of highly profitable tax breaks sub…