US President Donald Trump has announced plans to restrict large investors from purchasing single-family homes, a move aimed at curbing rising home prices. The proposed ban is part of his administration's effort to address growing concerns over affordability.
In a statement posted on his social media platform Truth Social, Trump argued that home ownership was once considered the ultimate symbol of success in America. However, he claimed that this dream has become increasingly out of reach for many, particularly younger generations.
Trump attributed the issue to record-high inflation under his predecessor Joe Biden and vowed to take swift action to rectify the situation. By banning large institutional investors from buying single-family homes, Trump hopes to reduce prices and make homeownership more accessible.
The move is expected to be formally introduced in a speech at the upcoming Davos World Economic Forum in January, where Trump will also discuss additional housing proposals with global leaders and executives. The proposal aligns with his 2024 presidential campaign promises to rapidly reduce living costs for Americans.
Despite the administration's efforts, home prices have remained stubbornly high. The median sale price of single-family homes reached $410,800 last year, according to the US Census Bureau. Trump's plan is seen as a response to concerns that institutional investors are driving up prices and pricing ordinary Americans out of the housing market.
In a statement posted on his social media platform Truth Social, Trump argued that home ownership was once considered the ultimate symbol of success in America. However, he claimed that this dream has become increasingly out of reach for many, particularly younger generations.
Trump attributed the issue to record-high inflation under his predecessor Joe Biden and vowed to take swift action to rectify the situation. By banning large institutional investors from buying single-family homes, Trump hopes to reduce prices and make homeownership more accessible.
The move is expected to be formally introduced in a speech at the upcoming Davos World Economic Forum in January, where Trump will also discuss additional housing proposals with global leaders and executives. The proposal aligns with his 2024 presidential campaign promises to rapidly reduce living costs for Americans.
Despite the administration's efforts, home prices have remained stubbornly high. The median sale price of single-family homes reached $410,800 last year, according to the US Census Bureau. Trump's plan is seen as a response to concerns that institutional investors are driving up prices and pricing ordinary Americans out of the housing market.
. But I guess times have changed, and now it's all about keeping the rich from getting richer. This whole institutional investor thing sounds like a bunch of mumbo-jumbo to me, but hey, if it helps the little guy out, I'm all for it 
. $410,800? That's just plain crazy! My mortgage payment when I bought my first place was like 20% of my income, and now I hear people are paying like 50% or more? It's just not right 
. Still, you gotta give Trump credit – he's at least trying to do something about it. Now if only he could fix the economy too... 
... like, actually live on a private island with no responsibilities, just me and my books 
. But for real tho, have you guys ever tried to buy a house in this country? It's like, super hard even with a decent income 
. I'm curious to see how this whole thing plays out, but I'm also kinda hoping it doesn't lead to some crazy rent control situation 
. Like, do we really want the gov to tell us what price is "affordable"? 
. What if this plan actually ends up pushing even more people out of the market? I'd rather see some real solutions to address the root causes of affordability issues. And what about all these new homeowners who are just starting out? Are they gonna be left out in the cold when these large investors take their slice of the pie? 
.
we spent like 5 days exploring the geysers and hot springs, it was literally insane! I swear, the best part was when we saw a bison charging at us on the side of the road 
. We were all screaming and our car horn was blaring but then we just froze and watched this beast run past us... what a rush! Anyway, back to housing prices... it's crazy how fast they've gone up 
. But, like, isn't this plan gonna make it even harder for normal people to save up for a house? I'm worried that all these restrictions are just gonna push the problem under the rug 
. What if big investors just find ways to get around the rules and keep driving up prices anyway? It's all so... complicated 
large investors do own homes & it won't magically change overnight, also don't know if it'll even pass thru congress, fingers crossed tho 
especially w/ all the rising prices & inflation, it makes sense that large investors would be part of the problem... i hope his plan works tho! 
we need more affordable homes for everyone not just the 1%
... i think we need a more balanced approach, you know?
hope trump's plan actually works tho 
Like, large institutional investors are driving up prices because they can afford to buy up homes and then rent them out or flip 'em for profit, right? So maybe Trump's plan is just gonna create a whole new set of problems, like who's gonna be left holding the bag when it all falls apart? 
. Trump's plan sounds like a good start, but we'll see how it plays out, right? One thing's for sure, institutional investors need to stop buying up all these homes and pricing regular people out of the market 
. It's time for some real change, not just empty promises 
. I mean, if big investors are already buying up all these homes, what's going to happen when they sell them? Are we gonna see a flood of new properties on the market and drive prices back down? Or is it just gonna create more uncertainty for buyers and sellers alike?
. One thing's for sure though - as someone who's all about living in alignment with your values 
, I want to see some real solutions that address the root causes of this issue, not just a temporary fix 