Homes for People, NOT for Profit
These investors buy houses and convert them to investment properties, often short-term rentals like Airbnb’s.
This process destroys generational wealth, removes stable housing from our communities, and drives up housing prices for everyone. These are properties that should be housing our community members.
This will include efforts to stop speculation and predatory practices in our housing market and curb the influence of private equity investors and predatory wholesalers on our housing prices.
We will protect renters, support first-time homeowners, invest in and improve public housing, regulate short-term rentals, and combat out-of-town investors.
The Keep Pittsburgh Home Plan will unlock thousands of homes, help stabilize rents, and ensure that our neighborhoods are for people, not profit.
