Trump says U.S. to ban large investors from buying homes

[neurosis]

This comes as a bit of a shocker.


https://www.cnbc.com/2026/01/07/trump-housing-affordability.html

"It is for that reason, and much more, that 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," he added.

[Newbeeee™]

Hmmmm.... considering it is strategic policy that blackrock announced a couple of years ago, then followed by lloyds (uk) a couple of weeks later, this'll be interesting....

[jstell]

This comes as a bit of a shocker.

Every now and then shit-for-brains says he's going to do something that actually doesn't suck.  (Another is getting rid of the auto-off/start feature on cars.)  But politicians say a lot of things they'd like to do, while action is often lacking, and implementation is often watered-down or completely convoluted.  And this guy walks back half of what he says before any attempt at action or implementation.
I'm taking a hard "we'll see" on this one.

[jstell]

Hmmmm.... considering it is strategic policy that blackrock announced a couple of years ago, then followed by lloyds (uk) a couple of weeks later, this'll be interesting....

I'm sure they're already on the phone with him, and in a couple days he'll say he had "a great conversation, the best" with them and we'll never hear of it again.

[gcode]

that's gonna crash the real estate market

In my cul-de-sac every house that's sold in the last 5 years has been bought by investors (large and small)
and are now rentals mostly occupied by two or three young families or a herd of 20 something singles.

In Cali, a young family can not possibly afford to buy a house.

[JParis]

that's gonna crash the real estate market

Let it crash, it needs to any way

[MIL-TFP-41]

that's gonna crash the real estate market

In my cul-de-sac every house that's sold in the last 5 years has been bought by investors (large and small)
and are now rentals mostly occupied by two or three young families or a herd of 20 something singles.

In Cali, a young family can not possible afford to buy a house.

I agree with the crash. At least I hope it will happen. Then hopefully a young family will be able to get into a house without doing a 50 year mortgage.

[Bucky Cornstarch]

As a home owner, this sucks. As a home buyer, I'm all for it.

[gcode]

Let it crash, it needs to any way

can we at least wait till I get my house sold please??

[Jeff]

Let it crash! Houses are WAY overpriced as it is, and I'm in the market for a new home or condo.

[beej]

I'm skeptical of how you keep this from happening. Large investors are really good at doing what ever they want through loop holes.

[Zoffen]

But if the corperations don't keep buying houses for inflated prices, how will those counties/School Districs live without all that sweet sweet property tax money. SOMEONE PLEASE THINK OF THE CHILDREN!!!!!

[gcode]

SOMEONE PLEASE THINK OF THE CHILDREN!!!!! of gcode, trying to unload his overpriced California house.

fissed for accuracy 

[Zoffen]

fissed for accuracy 

You can identify as an Adult Child.

[MIL-TFP-41]

can we at least wait till I get my house sold please??

Possibly, in the short term, demand is going to go through the roof. Investors will try to get in before the ban. So, up the price 10%.