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Private equity's political problem

Axios·Dan Primack·about 24 hours ago
#tphBNb0B
#axios#equity#housing#senate#care
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If Democrats gain full control of Congress next week, as many polls and prediction markets suggest they will, private equity could once again find itself in the political crosshairs.

The big picture: Private equity has become a rhetorical punching bag for a number of Democratic House and Senate candidates, including in debates and on the stump, as an affordability bête noire.

Most of this has related to housing, both single-family and mobile homes, but also has extended to health care.

What they're saying: "It's no doubt that housing is way out of control and a big part of that is because private equity has come into Maine," said Troy Jackson in an Oct. 6 debate with Sen. Susan Collins. "I do think we have to go after private equity, make it so that they can't buy these things and charge outrageous prices."

Chris Pappas, running for an open Senate seat in New Hampshire, said during a campaign stop at a mobile home community: "We need to...…

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