The House Committee on Financial Services, led by Chairwoman Maxine Waters, Subcommittee on Oversight and Investigations held a hearing on June 28, 2022, entitled, “Where Have All the Houses Gone? Private Equity, Single Family Rentals, and America’s Neighborhoods.”
According to the subcommittee chair, Al Green, the committee found that “private equity companies have bought up hundreds of thousands of single-family homes and placed them on the rental market. This removes from the housing market, homes that might otherwise have been purchased by individual homeowners.”
