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Posted on 01/07/2026 9:15:41 PM PST by SeekAndFind
President Trump on Wednesday called for a ban on “large institutional investors” buying single-family homes in a bid to address the issue of affordability.
“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. People live in homes, not corporations,” Trump said in a Truth Social post, adding that he will discuss the topic, including further Housing and Affordability proposals, at the World Economic Forum in Davos later this month.
The proposed ban could prove to be a way in for Trump and Republicans to address the issue of affordability ahead of this year’s midterm elections. The president and his Republican allies have struggled to message on the issue as inflation persists and as Democrats have won a number of special and off-year elections by zeroing in on the topic.
Several private equity firms and real estate trusts have swept-up up a considerable amount of single-family homes that are then turned around to rent. That has destabilized the homebuying market by reducing supply as well as how it has impacted home prices.
In his Truth Social post, the president laid blame on former President Biden for current inflation, which have remained stagnant during Trump’s second-term so far.
“For a very long time, buying and owning a home was considered the pinnacle of the American Dream. It was the reward for working hard, and doing the right thing, but now, because of the Record High Inflation caused by Joe Biden and the Democrats in Congress, that American Dream is increasingly out of reach for far too many people, especially younger Americans,” the president noted.
(Excerpt) Read more at thehill.com ...
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It would be great if they could stop that sort of hoarding by BlackRock etc, but let’s get something concrete in law and not just a flimsy EO that gets immediately stuck in the courts.
Not on a stop to it but they need to be required to sell every home they have at a reduced rate to a veteran!
That dang Trump! Always trying to enrich the billionaires. Oh, ... wait
I call ‘em CrackRock.
Democrats are outraged.
And for Donald’s next trick, he’s gonna have to Democrats throw in their full throated support behind Black rock, and argue how they need residential housing more than the middle class
Dammit. You beat me to it. How long before they move on from the violent, but mostly peaceful ramming of a ICE agent in Minnesota by a deranged leftist and start supporting BlackRock?
I USED TO GET DAILY CALLS TO SELL MY RURAL PROPERTY AND MAIL REQUESTS, ALSO.
HAVE PRETTY WELL DRIED UP.
I WASN’T VERY POLITE IN TELLING THEM TO “FU.” AT HIGH DECIBELS
Thank you!
And after that please declare rent control as illegal and unconstitutional theft.
Trump is right again, this is a great idea! Hopefully Congress will agree. The Congress broke up Standard Oil when it monopolized the oil industry in late 1960s. These huge investment conglomerates (Blackrock, Vanguard, State Street) that are buying up all the family houses are clearly monopolies.
I want the Madura tracksuit with the dark shades, the ear protectors, and the personal flotation device costume myself.
Then maybe the phone calls will stop.
“BlackSTONE” people...not “Blackrock”:
https://finance.yahoo.com/news/why-blackstone-quietly-buying-american-230115734.html
https://www.investing.com/academy/trading/blackrock-vs-blackstone/
i get 3 calls a week... some india accent asking if I want to sell my house. a simple FO is my reply and then hang up. block the number and 2 days later, the same guy or girl is calling from a different number. sooooooooo sick of it...
Excellent.
BlackRock plays a limited role, primarily through minority stakes in public REITs and real-estate-linked funds, with more recent exposure to build-to-rent developments rather than large-scale home ownership.
Blackstone, by contrast, is a central institutional force in single-family rentals. It pioneered the post-2008 buy-to-rent model via Invitation Homes, later acquiring Home Partners of America and Tricon Residential.
Blackstone remains one of the most significant institutional landlords in the sector.
I posted on that before seeing your comment.
Thanks for the clarification.
However, most of these corporations have been trying to SELL the houses they bought.
Most stopped buying in 2022.
They also bought a large part of their inventory during and coming out of the Great Recession.
When the markets were depressed and many people couldn’t get financing to buy a house and were forced to rent.
Invitation Homes has been an active seller especially in some southern states.
If the government allowed some capital gains tax break then there would be an incentive to SELL many of these corporate owned assets.
However, in places like AZ, NV and FL the houses are owned at a third or less.
I remember when one corporation was buying houses in AZ for $50K each and the banks were happy to get it.
Now, those houses are worth 10X that.
They don’t want to pay the capital gains to sell them.
So, they keep renting them
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