Posted on 01/07/2026 12:01:45 PM PST by millenial4freedom
President Donald Trump wants to bar major investors from purchasing homes, as a housing shortage pushes home prices further out of reach for many Americans.
"I am immediately taking steps to ban large institutional investors from buying more single-family homes, and I will be calling on Congress to codify it," Trump said in a social media post. "People live in homes, not corporations."
He said he would further elaborate on the proposal at a speech in Davos, Switzerland for the World Economic Forum, the annual gathering of chief executives, foreign leaders, and ultra-wealthy figures. No details were provided on how the ban would work and when it would kick in.
(Excerpt) Read more at yahoo.com ...
I Wholeheartedly support this. This is exactly the kind of policy meant to benefit ordinary Americans - especially first time home buyers - that is badly needed.
Ban foreigners from owning houses as well.
seems like Half the houses for rent in San Jose CA are owned by Asians who live over in Asia..
I think THE major problem behind the inability to buy new homes is the massive 38 trillion-dollar federal debt. I’ve seen estimates that if the interest rate gets to four percent, then the debt will expand exponentially. The interest rate is currently 3.8 percent. The interest rate is the government’s only tool to control inflation. Therefore, they can’t control inflation. Further, the only possible way to retire the debt is inflation...printing money. So, yes, getting rid of all the foreign labor might help but it would be like pissing on a forest fire.
The voodoo that creates success and prosperity doesn't work unless it takes place on the magic dirt under our feet.
Our people, traditions, culture, religion, etc...aren't what make us great. It's the magic dirt. If we take all of the super smart jeets and bring them to where there is magic dirt, all of their previous 3rd world behaviors will leave them and they will turn into regular Americans who can contribute to our GDP...and GDP is the most important thing.
/sarc
“He said he would further elaborate on the proposal at a speech in Davos, Switzerland for the World Economic Forum”
Beta move. He shouldn’t even go to Davos, much less “explain” his domestic policy proposal to a bunch of damned globalist foreigners.
In other words, he’ll make a big splashy speech about what he would do, and do absolutely nothing to see it through Congress. Tired of his big talk, call me when he gets results. Just like no tax on SS and fixing election fraud and healthcare premiums. Just more hot air.
“The interest rate is currently 3.8 percent.”
Where are you getting THAT? It hasn’t been 3.8 since about 2019.
I don’t see how this action is lawful but I think it is the right idea.
I think it would work better at the state level but I really haven’t looked into the subject too much
I'm a little bit more slack than you. I'd start out with the restriction that only LEGAL residents may buy residential real estate. The US is one of the only countries in the world that doesn't have such a restriction in place. As a result lots of foreigners have gobbled up residential real estate in the US driving up home prices.
horrible proposal that would crash the real estate market and wipe out the net worth of everyone in or near retirement.
depending on the location,
some areas are 30- plus perecent All Cash Purchases...
and most of this $$ is coming straight out of Communist China (or by circuitous routes) ... and other foreign countries.
also,
every few years there are some BIG investment corporations trying to buy up huge quantities of houses (sometimes directly from the builders). Thinking to turn them into profitable rentals. But the profitable part has mostly eluded the corporations, due to the high management and maintenance and insurance and security costs. But..buying them all in one tract or city ... reduces some of these costs or makes them more efficient to operate.
How America Outlawed the Affordable Home
Very informative, and none of what is discussed is being addressed.
Great idea.. Move it through Congress. I am NOT down with this as an EO.
Trump is pushing limits today... he’ over-loading the system.
I am shocked a man if your intelligence does not know the answer. Here is a clue...Google personal incomes in India compared to United States. India is way poorer than US by averages. There simply is not local demand for high tech products in India. Same reason why so many Indian physicians are working in US. Their patients in India can’t afford medical bills.
I like Trump but I never expected him to be this good.
Why you want to show off your understanding of economy?
You making other posters in this thread look like idiots.
Beta move? LOL Said my the master beta DesertRhino.
Boo Hoo, poor Boomers.
Who cares if young people can't afford homes and have kids of their own, the next generations aren't as important as ensuring the Boomer's 2nd and 3rd vacation homes maintain their high value. It's all about them.
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