Trump Says US Will Ban Large Investors From Buying Single-Family Homes

President Donald Trump on Wednesday announced he’s taking steps to bar large investors from purchasing more single-family homes, in a bid to offset concerns about inflation and the cost of living. “For a very long time, buying and owning a home was considered the pinnacle of the American Dream. It was the reward for working hard, and doing the right thing,” Trump wrote. “But now … that American Dream is increasingly out of reach for far too many people, especially younger Americans.” Trump said he would be “immediately taking steps to ban large institutional investors from buying more single-family homes” and will recommend that Congress codify his decision, he wrote on Truth Social....