Trump threatens to ban institutional investors from buying single-family homes – 6abc Philadelphia

Trump threatens to ban institutional investors from buying single-family homes – 6abc Philadelphia

ByWirePaw
Trump threatens to ban institutional investors from buying single-family homes – 6abc Philadelphia

President Donald Trump said Wednesday that he intends to ban large institutional investors from buying additional single-family homes.

“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, and their presence grew after the foreclosure wave during the Great Recession in 2008, particularly in the Sun Belt states.

Shares of Blackstone fell by as much as 9% on Wednesday after the president’s social media post.

Trump said he plans to outline additional housing and affordability proposals in the coming weeks, noting: “I will discuss this topic, including further Housing and Affordability proposals, and more, at my speech in Davos in two weeks.”

Trump is scheduled to deliver an address at the World Economic Forum later this month in Davos, Switzerland.

US housing market in a deep freeze

The cost of buying a home in the United States has surged in recent years, largely because of a housing market that has remained historically stuck due to low inventory, combined with mortgage rates north of 6%.

Beyond the general lack of housing, many sellers have been unwilling to give up the ultra-low mortgage rates they locked in during the pandemic, when the Federal Reserve brought down interest rates to near zero.

Between the start of 2020 and the third quarter of 2025, home prices climbed nearly 55% nationwide, according to a recent report from the National Association of Home Builders.

No investor owned 1,000 or more single-family rental homes as of 2011, according to the Government Accountability Office. However, by 2015, institutional investors collectively owned up to 300,000 homes.

In Atlanta; Jacksonville, Florida; and Charlotte, North Carolina, large investors controlled more than 15% of the market for single-family homes as of 2022, according to the GAO.

Lawmakers on both sides of the aisle have proposed barring certain corporate investors from the home-buying market, arguing that their practice of buying houses en masse has pushed up prices and made it harder for individual Americans to find homes.

But some housing experts and economists have panned the idea to ban large investors, contending that it would have little impact on overall housing stock and risk depressing investment in the market.

“This will not fix housing affordability. It may boost single-family purchases, but it will come at the cost of reducing single-family rentals,” said Jaret Seiberg, analyst at TD Cowen, in a note Wednesday.

The CNN Wire™ & © 2023 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved.

Similar Posts

  • College students and teens could be fueling the prediction markets boom – CNBC

    ByWirePaw

    Fans watch Game 6 of the Eastern Conference Finals during an NBA playoffs watch party at a New York bar on May 31, 2025. David Dee Delgado | Getty Images A version of this article first appeared in the CNBC Sport newsletter with Alex Sherman, which brings you the biggest news and exclusive interviews from…

  • European defense stocks slide amid Ukraine peace talks; Leonardo falls 4%, Rheinmetall slips 2% – CNBC

    ByWirePaw

    A Rheinmetall MAN Military Vehicle on Nov. 20, 2024, in Donetsk Oblast, Ukraine. Yan Dobronosov | Global Images Ukraine | Getty Images LONDON — European stocks closed mixed on Monday, with defense stocks continuing to struggle amid a possible peace deal in Ukraine. The pan-European Stoxx 600 index stood little changed at close, having hit an intraday…

  • Starbucks announces new Nashville headquarters, will add or relocate 2,000 jobs – KIRO 7 News Seattle

    ByWirePaw

    SEATTLE — Starbucks is investing $100 million in a Nashville headquarters and adding or relocating 2,000 support jobs to the new location, the company announced during a press conference on Tuesday morning. “The Nashville office will be a complement to our global and North America headquarters in Seattle, where we will maintain a large presence,”…

  • See How Much Trump’s War On Iran Has Raised Your Gas Prices – HuffPost

    ByWirePaw

    <div class="js-react-hydrator" style="display:contents" data-component-name="IncontentPlayer" data-component-id="6836" data-component-props="{"options":{"theme":"news","device":"desktop","editionInfo":{"id":"us","name":"U.S.","link":"https://www.huffpost.com","locale":"en_US"},"originalEdition":"us","isMapi":false,"isAmp":false,"isMobile":false,"isAdsFree":false,"isVideoEntry":false,"isEntry":true,"isMt":false,"entryId":"69c3f2b4e4b0e447525b5916","entryPermalink":"https://www.huffpost.com/entry/comparing-gas-prices-today-trump-war_n_69c3f2b4e4b0e447525b5916","entryTagsList":"donald-trump,iran-war,gas-prices,@flexpro_1521465_11346313,@flexpro_resolved,@us_huffpost_now","sectionSlug":"us-news","deptSlug":"politics-news","sectionRedirectUrl":null,"subcategories":"","isWide":false,"isShopping":false,"headerOverride":null,"noVideoAds":false,"disableFloat":false,"isNative":false,"commercialVideo":{"provider":"custom","site_and_category":"us.us-news","package":null},"isHighline":false,"vidibleConfigValues":{"cid":"60afc111dcf87c2cd2f5d8bf","overrides":{"front_page_top_videos":{"desktop":"60b64354b171b7444beaff4d","mobileweb":"60b64354b171b7444beaff4d"},"top_media":{"desktop":"60b8e6bdc5449357a7ada147","mobile":"60b8e701c5449357a7ada2ee","iphone":"60b8e643cdd90620331bb1f6","ipad":"60b8e643cdd90620331bb1f6","androidphone":"60b8e699c5449357a7ada04c","androidtablet":"60b8e699c5449357a7ada04c"},"anthology":{"desktop":"60b8e616cdd90620331bb0ba","mobile":"60b8e671c5449357a7ad9f66","iphone":"60b8e643cdd90620331bb1f6","ipad":"60b8e643cdd90620331bb1f6","androidphone":"60b8e699c5449357a7ada04c","androidtablet":"60b8e699c5449357a7ada04c"},"content":{"desktop":"60b8e616cdd90620331bb0ba","mobile":"60b8e671c5449357a7ad9f66","iphone":"60b8e643cdd90620331bb1f6","ipad":"60b8e643cdd90620331bb1f6","androidphone":"60b8e699c5449357a7ada04c","androidtablet":"60b8e699c5449357a7ada04c"}},"playerUpdates":{"5668ae6ee4b0b5e26955d6a6":"60d2472d9340d7032ad7e443","56aa41bae4b091744c0440d8":"60e869dc7c5f3b17b6741b81","5841b2b5cc52c716ec6e5a7f":"60b8e355cdd90620331ba185","58b5e2b8d85a10302feee895":"60b64316b171b7444beafdb2","58b74698f78ced31417819ae":"60b8e5bec5449357a7ad9b52","58b74ccecebcea57e2c3a3d1":"60b8e5eac5449357a7ad9ca5","58cff690d85a100b9992bc39":"60b8e616cdd90620331bb0ba","58cffb3fb6d9b972a49a3c9d":"60b8e643cdd90620331bb1f6","58cffdd74d96935d7d6ec180":"60b8e671c5449357a7ad9f66","58d03a84f78ced6518eb2fa7":"60b643c82e76be41f112735c","592edf20e0fa177b0c26f7fd":"60b8e699c5449357a7ada04c","5b35266b158f855373e28256":"60b64354b171b7444beaff4d","5c116f29f79c4171d82b7c2a":"60b64440b171b7444beb040b","5c1170fc600c9a697bf0c6b9":"60b646102e76be41f1127ffc","5c47791afa1b317df8ae0c4f":"60b8e6bdc5449357a7ada147","5c477987a6b48b35f164773d":"60b8e701c5449357a7ada2ee","5c4779ee943c3c2a64f28371":"60b8e747cdd90620331bb861","5c477a26fcd67b26879bc7c2":"60b8e788c5449357a7ada67b","5d8921a78c3ae845f366c9b6":"60ae7be5f3a7c13a30417ff9","58b98b00ba82aa39a6534321":"60d0de7c9340d7032ad1146c","58b9d14cb6d9b96c9ec32af3":"60d0dec19340d7032ad115a0","58cff8eccebcea42931e0436":"60d0e005b627221e9d819d44","592edf5de0fa177b0c26f95b":"60d0e38fb627221e9d81adcf","58cff72fd85a100b9992c112":"60d0e447b627221e9d81b0da","56b4d34fe4b022697697c400":"60d2472d9340d7032ad7e443","60b8e4c0c5449357a7ad957d":"60e869dc7c5f3b17b6741b81"}},"connatixConfigValues":{"defaultPlayer":"ff7fdddc-5441-4253-abc4-f12a33fad58b","clickToPlayPlayer":"d014396e-b366-4c17-aeac-3ce906fa3fd0","videoPagePlayer":"f010447b-d244-4111-a314-7b4542ae4145","verticalPlayer":"e58cb05a-0bc8-4210-9108-fea82726c065","stickyPlayerControl":"52ea1755-d601-4ad1-bccc-d8cce3f0e5da","stickyPlayer":"8055e9e5-3bda-4933-8d45-9ad814fb6e22","noAdsPlayer":"deeeda04-49cb-4a1d-ac6c-c388a685b58e","lifePagePlayer":"e1d799d2-2d81-4f27-bfa0-e6833a657659","nonLifePagePlayer":"6f2f7532-1bdc-4d9d-806b-8109a4010559","adLightDesktopPlayer":"014f5956-89c0-4fda-9201-b1c2b8232be5","adLightMobilePlayer":"b74a8200-8881-451a-b3ae-e3479c486eac"},"topConnatixThumnbailSrc":"data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAQAAAC1HAwCAAAAC0lEQVR42mNkYAAAAAYAAjCB0C8AAAAASUVORK5CYII=","customAmpComponents":[],"ampAssetsUrl":"https://amp.assets.huffpost.com","videoTraits":null,"positionInUnitCounts":{"buzz_head":{"count":0},"buzz_body":{"count":0},"buzz_bottom":{"count":0}},"positionInSubUnitCounts":{"article_body":{"count":3},"blog_summary":{"count":0},"before_you_go_content":{"count":0}},"connatixCountsHelper":{"count":0},"buzzfeedTracking":{"context_page_id":"69c3f2b4e4b0e447525b5916","context_page_type":"buzz","destination":"huffpost","mode":"desktop","page_edition":"en-us"},"tags":[{"name":"Donald Trump","slug":"donald-trump","links":{"relativeLink":"topic/donald-trump","permalink":"https://www.huffpost.com/topic/donald-trump","mobileWebLink":"https://www.huffpost.com/topic/donald-trump"},"department":{"name":"Latest News","slug":"politics-news"},"section":{"title":"Politics","slug":"politics"},"topic":{"title":"Donald Trump","slug":"donald-trump","overridesSectionLabel":false},"url":"https://www.huffpost.com/news/topic/donald-trump"},{"name":"Iran war","slug":"iran-war","links":{"relativeLink":"topic/iran-war","permalink":"https://www.huffpost.com/topic/iran-war","mobileWebLink":"https://www.huffpost.com/topic/iran-war"},"department":{"name":"Latest News","slug":"politics-news"},"section":{"title":"World News","slug":"world-news"},"topic":{"title":"Iran War","slug":"iran-war","overridesSectionLabel":false},"url":"https://www.huffpost.com/news/topic/iran-war"},{"name":"gas prices","slug":"gas-prices","links":{"relativeLink":"topic/gas-prices","permalink":"https://www.huffpost.com/topic/gas-prices","mobileWebLink":"https://www.huffpost.com/topic/gas-prices"},"department":{"name":"Impact","slug":"impact"},"section":{"title":"Business","slug":"business"},"topic":{"title":"Gas & Oil ","slug":"gas-prices","overridesSectionLabel":false},"url":"https://www.huffpost.com/impact/topic/gas-prices"}],"isLiveblogLive":null,"isLiveblog":false,"backfillRelatedArticles":[{"editionId":"us","headline":"Pain At The Pump Is Here ― And It's Only Just Begun","defaultImage":{"type":"hector","url":"https://img.huffingtonpost.com/asset/69c189e11b0000533ad797cc.jpeg","queryParams":{"cache":"E9WNjeNEH2"},"width":5433,"height":3622,"credit":"via Associated Press","ops":""},"url":"https://www.huffpost.com/entry/trump-iran-war-gas-cost-oil_n_69c1713ae4b04b9b3f195d27","dek":" Across the country, gas costs $1 more per gallon than it did less than a month ago. "},{"editionId":"us","headline":"Gas Prices Are Spiking Following Trump’s Strikes On…

  • Former NYC Mayor Eric Adams accused of $2.5 million crypto ‘rug pull’ as his NYC Token crashes – The Verge

    ByWirePaw

    The NYC token’s value peaked at about $580 million, before dropping to $130 million. The NYC token’s value peaked at about $580 million, before dropping to $130 million. Jan 13, 2026, 4:06 PM UTC Emma Roth is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she…

  • ‘60 Minutes’ Exposes Trump’s ‘Nuts’ $2 Billion Crypto Pardon for Binance’s Changpeng Zhao – The Daily Beast

    ByWirePaw

    Donald Trump’s pardon for a billionaire Chinese felon with financial links to his family has been called out as “corruption” on 60 Minutes. Trump pardoned Changpeng Zhao, founder of cryptocurrency firm Binance, last month. He had pleaded guilty to money-laundering violations that allowed criminal groups to move money connected to drug trafficking and child abuse….