Trump says U.S. to ban large investors from buying homes
President Donald Trump said the United States should prevent large institutional investors from buying single-family homes, arguing that corporate ownership helps put housing out of reach for ordinary Americans.
“For too long, 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, but now, with Record High Inflation caused by Joe Biden and the Democrats in Congress, the American Dream is increasingly out of reach for too many people, especially young Americans,” Trump said in a speech. Real Social post Wednesday.
“It’s because of this and much more that I’m taking immediate steps to ban large institutional investors from buying any more single-family homes and will call on Congress to legalize it. People live in homes, not companies,” he added.
Private equity giants, real estate investment trusts and other large institutional investors have amassed sizable portfolios of single-family rental homes over the past decade. Many have argued that these investments reduce the supply of housing for would-be homeowners and help raise prices.
Invitation HousesThe company, the largest tenant of single-family homes in the country, lost 7% of its value. shares KarataşShares of an investment firm that owns and rents single-family homes fell more than 4%. private equity firm Apollo Global Management also decreased by over 4%.
Trump did not provide details on how such a ban would be implemented. Trump said he plans to outline additional housing and affordability proposals in his speech at the World Economic Forum in Davos in two weeks. Sen. Bernie Moreno, R-Ohio, said Wednesday he will introduce a bill that would make it harder for large investors to buy single-family homes.
The national average existing single-family home price was $426,800 in the third quarter of 2025 after reaching a record high of $435,300 during the summer months, according to the National Association of Realtors. The average rate on a 30-year fixed mortgage is currently 6.19%, according to Mortgage News Daily.
Blackstone has become the largest privately owned apartment owner in the United States, with more than 230,000 homes. Private Equity Stakeholder Project It was released last year. Blackstone has spent billions of dollars in recent years to acquire real estate companies such as Tricon Residential, American Campus Communities and AIR Communities.
— CNBC’s Alex Harring contributed to the reporting.
