The President said in a Truth Social post, “people live in homes, not corporations.”
In response to concerns about housing affordability, President Trump announced in a social media post that his administration is moving to ban institutional investors from buying single-family homes as part of an effort to reduce housing prices.
According to a report in The Guardian, “the US president said he will be asking Congress to codify the measure and will be discussing additional housing and affordability proposals in a speech at the Davos World Economic Forum.”
Trump noted that “The American Dream is increasingly out of reach for far too many people, especially younger Americans,” blaming former President Biden, and saying that “People live in homes, not corporations.”
The President made no mention of corporate-owned multifamily housing or manufactured home parks.
FULL STORY: Trump says he will ban big investors from buying single-family homes
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
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