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Warren Renews Criticism of Private Equity’s Role in Housing

  • Senator complains about rent hikes, acquisition plans
  • Number of evictions in recent years also a concern for Warren
Elizabeth Warren
Elizabeth WarrenPhotographer: Eric Lee/Bloomberg
Updated on

Senator Elizabeth Warren is doubling down on her criticism of private equity’s involvement in the U.S. housing market as the nation grapples with an affordable-housing shortage.

In letters sent Thursday, the Massachusetts Democrat asked housing firms Progress Residential LLC, Invitation Homes Inc. and American Homes 4 Rent about recent rent hikes, plans to acquire more properties and the number of evictions in recent years.