Madison, WI – Yesterday, Senator Brad Pfaff (D-Onalaska) introduced legislation to improve housing access and affordability in Wisconsin by prohibiting hedge funds from purchasing single-family homes. Senator Pfaff released the following statement:
“Housing is a bridge to a higher quality of life. Increasing access to affordable housing is essential for employment, economic growth, and building a stronger community.”
“Working people and families do not often have the resources to compete with large corporate entities that can far outbid prospective home buyers, driving up housing costs in our local communities. This commonsense proposal addresses rising housing costs and puts hardworking Wisconsinites first.”
Senator Pfaff authored this legislation with Senator Sarah Keyeski (D-Lodi), Representative Kalan Haywood (D-Milwaukee) and Representative Karen DeSanto (D-Baraboo).
