Trump Announces Steps to Bar Institutional Investors from Buying Single-Family Homes

President Donald Trump announced Wednesday that his administration is taking immediate steps to prevent large institutional investors from purchasing additional single-family homes in the United States, aiming to improve housing affordability for ordinary families.

In a post on his Truth Social platform, Trump described homeownership as a cornerstone of the American Dream, long seen as a reward for hard work. He stated that this goal has become increasingly difficult to achieve, particularly for younger Americans, due to rising costs. "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," Trump wrote. "People live in homes, not corporations."

The initiative targets major Wall Street firms and private equity groups that have acquired thousands of single-family properties in recent years, often converting them into rental units. Officials indicated the administration is considering options such as outright purchase restrictions for investors above certain size thresholds and limits on the number of homes any large entity can own. These...