Source: US News & World Report
“U.S. President Donald Trump on Wednesday said his administration is moving to ban Wall Street from investing in single-family homes in a bid to reduce home prices, a potential blow for private-equity landlords that also pressured homebuilder shares. In a post on Truth Social, Trump said he was taking immediate action and would ask Congress to codify the measure, adding he would also be discussing additional housing and affordability proposals in a speech at the Davos World Economic Forum. … Wall Street landlords dispute that their investments have stoked inflation and hurt housing supply. In a January research note, Blackstone said institutions own only 0.5% of all single-family homes in the United States. It was not immediately clear what legal authority Trump would draw upon to impose such a ban on the private market purchases of houses.” (01/07/26)