Corporate home buyers
What they say
His platform says families buying a home should compete with each other, not with out-of-state investors and corporate buyers.
“when a home comes up for sale, they compete with each other, not with out-of-state investors and corporate buyers”
Source: Lombardo for Governor
What the record shows ·
On June 16, 2023, he vetoed Senate Bill 395. It would have capped home purchases by corporations and LLCs at 1,000 units a year statewide and made them register. His veto message called the cap arbitrary and said it would cut tax revenue, reduce new construction and discourage landlords when renters need more homes.
Sources: Nevada Legislature, Nevada Legislature, Office of the Governor (filed with the Nevada Legislature), The Nevada Independent
Limit: The veto was in 2023; the platform is from his 2026 campaign. A spokesperson now says he backs President Trump's efforts to stop corporate investors buying single-family homes.