Amid a deepening housing affordability crisis across the U.S., two Democratic U.S. senators are calling on Andrew Ferguson, chairman of the Federal Trade Commission, to investigate what they call anticompetitive and deceptive practices within the real estate industry.
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U.S. Sen Cory Booker (D-NJ) (C), joined by Sen. Elizabeth Warren (D-MA) (L) and Rep. Carolyn Maloney (D-NY) speaks at a press conference in Washington, DC. The Warren, Booker real estate letter to the FTC urges probe on commission-sharing, private listings Senators call on FTC to investigate ‘deceptive’ real estate practices

Thursday's letter urges an end to "anticompetive" practices the Democratic senators argue are stifling the American dream of homeownership.




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