Here's What They're Saying: Ohio Media Highlights Brown's Push to Crack Down on Big Corporate Investors That Drive Up Ohio Housing Prices
July 19, 2023
July 19, 2023
WASHINGTON, July 19 -- Sen. Sherrod Brown, D-Ohio, issued the following news release:
Last week, U.S. Senator Sherrod Brown (D-OH) introduced the Stop Predatory Investing Act which would restrict tax breaks for big corporate investors that buy up homes, often driving up local housing prices and rents. This bill would prohibit an investor who acquires 50 or more single-family rental homes from deducting interest or depreciation on those properties, to help make homeownership a realit . . .
Last week, U.S. Senator Sherrod Brown (D-OH) introduced the Stop Predatory Investing Act which would restrict tax breaks for big corporate investors that buy up homes, often driving up local housing prices and rents. This bill would prohibit an investor who acquires 50 or more single-family rental homes from deducting interest or depreciation on those properties, to help make homeownership a realit . . .