Katie Porter: “We need to pass the End Hedge Fund Control of American Homes…”

“Then we just need to figure out how to make them affordable to own. One problem is that hedge funds have been scooping up all of the affordable homes, especially starter homes. We need to pass the End Hedge Fund Control of American Homes act and tax Wall street investors that purchase hundreds of homes solely for profits. Houses should be for homeowners and mom and pop landlords, not Wall street companies looking to drive up their profits.” (04:31–04:43)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.