Posted on 01/08/2026 8:27:34 AM PST by catnipman
“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 wrote in a post on social media.
Large institutional investors such as Blackstone, JPMorgan Chase, and other banks and investment firms have increasingly snapped up family homes in recent years, eyeing rising returns on home prices. These investors often buy and rent out homes
(Excerpt) Read more at cnn.com ...
and Bill Gates from buying up farms ? LOL
Please, God, make that happen.
In Jesus’ name ... amen!
If a Democratic president has proposed such a law would Republicans have supported it?
This is a good move.
Trump may have a plan, but I don't know if Congress will support him (they usually don't).
“””Large institutional investors such as Blackstone, JPMorgan Chase, and other banks and investment firms have increasingly snapped up family homes in recent years,”””
Anybody besides me see the correlation between Biden’s Illegal Alien Invasion and Blackstone, etal buying homes to house these illegals?????
Greed and personal gain at any expense has allowed investors and private equity groups to change into old man Potter. (Isn't it a Wonderful Life)
I agree with what Trump is going for here.
Will Democrats go back on previous rhetoric and and come up with reasons to support big banks snapping up homes and becoming landlords?
I certainly would have. I don't like playing Monopoly.
Will Republican lawmakers support it now ????
Nice idea but won’t happen.
They might. I can remember when liberals hated Nike. Then Nike hired Colin K the flag-kneeler to be their face, and suddenly liberals were all in love. The minute the CIA and FBI became hostile to Trump, liberals suddenly trusted them implicitly.
Basically, if Trump cured cancer, liberals would come out in support of cancer. It's wild.
Blackrock is the pension fund holder
Blackstone (Invitation Homes) is the owner of Single family homes for rent.
Two different companies. There was a previous thread about this last night. Most of these companies bought their inventory/assets prior to the big increase during covid. Many of them were bought during and coming out of the Great Recession. When many people could not get the money to buy a house. Those companies stopped buying houses in 2022/23.
In places like Phoenix and Vegas they were buying foreclosed homes and entire subdivisions. Many houses were bought for $50K. They banks were glad to get rid of them.
Now those houses are worth 10X what they paid for them.
IF the POTUS really wants to increase the availability of single family houses they need to give a reduced capital gain on these houses to the corporations that own them.
They do not want to pay a CAPITAL GAIN on $500K or more.
Especially on a CASH COW ASSET.
Of course not. People would have complained that we should have freedom of contract, and that this screws over people trying to sell their own homes.
I love this but I don’t think it’s legal
I am not against the concept.
But in our community there have always been homes owned by one of the large employers in town. They own about half a dozen house because they had a program where people from their other regions would rotate into the corporate headquarters for two years. Instead of paying for the person to move, they just had them move into one of these homes. They were always well maintained and the people were nice.
The problem with “There oughta be a law” movements is that they paint with a very broad brush. I also wonder if this would pass constitutional muster.
If the R Swamp team is in bed with the D Swamp team, they would be getting a cut of the kickbacks from the institutional investors also, right?
/s
I voted for this.
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