Dear Faith, Imagine working your whole life to buy a home — saving every paycheck, dreaming of the day you could finally turn the key — only to have your offer outbid by an algorithm backed by a billion-dollar balance sheet. At the same time, families who already bought their dream homes are facing a connected reality. They've built a life in their community and invested in their homes, but are also being priced out by the same corporate landlords. We are in a housing crisis. Our country is short of more than 7 million affordable homes. The median age of a first-time homebuyer is now 40. And yet, Wall Street investors are able to snap up single-family homes right and left like they're financial instruments, not places where people live. This isn't the housing market "doing its thing." It's consolidation. It's greed. It's an intentional business model. And it's gutting the American Dream. So I recently introduced the American Homeownership Act with my Democratic colleagues to get housing back into the hands of working people — not Wall Street executives. If you agree that we need proper safeguards to make sure Wall Street doesn't price families out of the American Dream, add your name today. Here's why this can't wait: Corporate landlords own nearly 450,000 single-family homes, more than 2.2 million apartments, and are the largest owners of mobile home communities in America. In 2025 alone, they bought nearly 1 in every 6 homes sold — while first-time homebuyers hit an all-time low. In some neighborhoods, private equity owns a quarter of the homes on the block. And when Wall Street moves in, families pay the price. Rents go up. Junk fees pile on. Maintenance gets ignored. Evictions spike. All while these firms pocket federal tax breaks and federally backed mortgages — subsidies funded by American taxpayers. It just gets worse and worse. Here's what the American Homeownership Act will do: - End Wall Street's tax breaks. Corporate landlords lose their housing deductions, federally backed mortgages, and access to foreclosed homes. Small landlords and builders keep their benefits. Corporate speculators don't.
- Reinvest the savings in families. Those billions go straight back into building more homes and helping working families buy them.
- Break up housing monopolies. We'll close the loopholes, letting corporations quietly corner local markets — and make any deal that controls more than 30% of a local market presumed illegal.
This housing crisis demands action from every angle. We need to build more homes. We need partnerships with local communities to cut red tape. And we need to stop allowing families from losing out on homes because some hedge fund manager can out-bid them and let the home sit empty. If you agree that homes should belong to families — not hedge funds — add your name and show your support for the American Homeownership Act. Housing should be about building communities, not corporate portfolios. And I'm going to keep fighting to make sure that's exactly what we do. Thanks for being a part of this, Elizabeth  | 
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