Posted inCongress & Federal Gov.

Heinrich pushes bill to tax billionaire hedge funds buying up single family homes

Home ownership costs have skyrocketed in recent years and New Mexico’s Sen. Martin Heinrich knows just who to blame: billionaire private equity investors.In new legislation announced Tuesday, Heinrich and a handful of other Senate Democrats introduced the Humans Over Private Equity (HOPE) for Homeownership Act to tax and penalize private equity investors who buy up […]