U.S. Vice President Kamala Harris speaks at an event with U.
S. President Joe Biden (not pictured) in Prince George's County, Maryland, U.S.
, August 15, 2024. Elizabeth Frantz | Reuters Vice President Harris' campaign on Thursday will roll out some of her housing policy proposals, including her support for efforts aimed at lowering the cost of rent and helping renters who are struggling financially, according to details obtained by NBC News from a campaign official. Harris will propose plans to stop data firms from driving up lease rates and plans aimed at stopping Wall Street investors from buying up and reselling homes in bulk at a higher price, according to the proposal.
As part of the rollout, Harris will call on Congress to pass the Preventing the Algorithmic Facilitation of Rental Housing Cartels Act , a bill introduced by Sens. Ron Wyden, D-Oregon, and Peter Welch, D-Vt., that they said would prevent corporate landlords from using private equity-backed price-setting tools to raise rents dramatically in communities across the country.
More from NBC News: As his standing in the polls slides, Trump ramps up false attacks on election integrity Trump attorneys ask to delay his sentencing in hush money case until after the election Planned float in NYC's India Day Parade criticized for being anti-Muslim Harris will also call on Congress to pass the Stop Predatory Investing Act , a bill introduced by Sen. Sherrod Brown, D-Ohio, and several other Democratic senators. The bill i.