"Texans will no longer rent the picket fence dream. Greg Abbott has sold away the picket fence dream to corporations."
Across Texas, Wall Street private equity firms and hedge funds have bought up tens of thousands of single-family starter homes, outbidding young couples with all-cash offers and converting American neighborhoods into permanent corporate rental fiefdoms. Meanwhile, families who do manage to buy are terrorized by aggressive Homeowners Associations (HOAs) with non-judicial foreclosure powers, seizing families' homesteads over assessment disputes, bureaucratic fines, or cosmetic paint colors.
Under the Picket Fence Protection Act, my administration will enact four non-negotiable statutory pillars:
- Abolish HOA Home Repossession Powers: Homeowners Associations are completely stripped of foreclosure and repossession powers under the Texas Property Code. Constitutional homestead protections must be inviolable against HOA fines or fees.
- Ban Corporate Purchases of 1–4 Single-Family Homes: Institutional corporations and private equity funds are strictly prohibited from purchasing existing 1-to-4 unit residential homes. Houses are for families, not Wall Street speculation.
- Mandatory Corporate Divestment: Corporations must divest from existing single-family rental holdings over an orderly timeline, systematically transferring homes back to Texas working families and first-time buyers.
- Expedited Permits for Genuine Builders: Corporations that wish to deploy capital in Texas must expand housing supply by building new multi-family apartment communities and developing brand-new single-family subdivisions from raw ground with fast-track state permits.
This housing platform is paired with our Verified County Renter Registry to eliminate squatter scams and grant lawful tenants certified legal standing, enforceable 24-to-48-Hour Habitability Repair SLAs for AC and mold, state-backed Tenant Eviction Defense Navigators, and TCOLE-Sponsored Neighborhood Watch Integration to guarantee community safety.
To fund our schools and raise minimum teacher salaries to $85,000 without property tax spikes, we lower THC retail and repackaging license fees back to the original $150 to empower local entrepreneurs, direct 100% of cannabis sales tax solely and directly to Texas Public Schools, and enact full retroactive expungement of non-violent cannabis records.
