In Bend Oregon and across the country rents have more than doubled in recent years, forcing families and working residents out of their communities. Big corporations and investment firms are buying up single-family homes, driving up prices, and turning neighborhoods into profit zones instead of places to live.

The American Home Protection Act would ban corporations, hedge funds, and institutional investors from owning residential homes, ensuring housing stays affordable and accessible for real people, not just investors.

 

Why This Matters:

Corporate investors in Bend and across the U.S. often charge double the rent compared to locally owned homes (Private Equity Stakeholder Project).

 

Studies show that institutional investors raise housing costs and reduce homeownership opportunities (Urban Institute, 2019).

 

Cities that limit corporate ownership, like Austin, TX; Los Angeles, CA (SB 1079); and San Francisco, CA, have successfully slowed displacement and stabilized neighborhoods.

 

This is about more than houses ~ it’s about families, communities, and fairness. By signing, you’re standing up for people over profit and helping lawmakers see that housing must belong to families, not corporations.

 

How You Can Help:

1. Sign the petition to show your support.

 

2. Share it with friends, neighbors, and social media networks.

 

3. Contact your representatives to urge them to back this bill.

 

Support Resources:

 

Homes for All

 

Right to the City Alliance

 

Private Equity Stakeholder Project