WASHINGTON — Vice President Harris’ campaign will roll out some housing policy proposals Thursday, including support for efforts aimed at reducing rents and helping financially struggling renters, according to details obtained by a campaign official to NBC News. .
Harris will offer plans to stop data firms from raising rental rates and plans aimed at stopping Wall Street investors from buying and selling homes at higher prices, according to the proposal.
As part of the broadcast, Harris will urge Congress to pass Preventing algorithmic facilitation of rental housing cartelsSens. Ron Wyden, D-Ore., and Peter Welch, D-Vt. The bill, introduced by the House of Representatives, said it would prevent corporate landlords from using private equity-backed rate-fixing tools to dramatically raise rents in communities across the country. .
Harris will also urge Congress to pass Stop the Predatory Investment Acta bill introduced by Sen. Sherrod Brown, D-Ohio, and several other Democratic senators. The bill was designed to prevent the communities from being exploited by Wall Street investors and remote homeowners. The bill would limit these practices by eliminating key tax breaks for large investors who acquire large numbers of single-family rental properties.
According to a proposal obtained by NBC News, Harris will lend his full support to both events.
Harris also plans to express support for the Biden administration’s ongoing efforts to “expand rental assistance for Americans, increase housing for the homeless, enforce fair housing laws and make sure corporate landlords can’t use taxpayer dollars.” they robbed the tenants unjustly.”
Harris suddenly went from running for President Joe Biden to running for president, leaving him to quickly carve out a space to articulate his policy platform and differentiate himself from some of the president’s current positions.
The economy is Harris’ first policy arena. He will give a speech on Friday afternoon about his views on the economy.