Trump proposes to ban ‘large institutional investors’ from buying single-family homes
The ‘Big Money Show’ panel examines how tax cuts, small business benefits and inflation could shape the economy and the upcoming midterm elections.
President Donald Trump wants to make home ownership central to the American Dream again. Now he’s proposing to ban “large institutional investors” from buying single-family homes.
“For a very long time, buying and owning a home was considered the main element of the American Dream. It was a reward for hard work, and doing the right thing, but now, because of the Record High Inflation caused by Joe Biden and the Democrats in Congress, that American Dream is becoming more and more out of reach for too many people, especially young Americans,” Trump wrote in the Truth Social post on Wednesday.
“It is for that reason, and many more, that I am immediately taking steps to prevent large institutional investors from buying single-family homes, and I will call on Congress to act. People live in homes, not companies,” he added.
HOUSING MARKET EXPECTED TO PROVIDE LITTLE SUPPLY TO BUYERS IN 2026 DESPITE BETTER DEVELOPMENT
A red and white “Home For Sale” sign in front of a red brick house for sale. (iStock/Getty Images Plus)
The president did not provide details on how or when the ban would be implemented. However, Trump said he will discuss this topic in more detail in his upcoming speech at the annual meeting of the World Economic Forum in Davos.
Wall Street institutions, such as Blackstone, have bought thousands of single-family homes since the 2008 financial crisis, according to Reuters.
The newspaper noted that housing rights groups and Democrats have criticized the practice, blaming landlords in the centers for the increase in rent. Additionally, Reuters reported a drop in homebuilder stocks after Trump’s comments. For example, American Homes 4 Rent fell to a three-year low of $28.84 before trading was halted due to volatility. Blackstone also saw its shares fall to a one-month low of $147.52.
President Donald Trump in the Oval Office of the White House in Washington, DC, on Friday, Nov. 21, 2025. (Yuri Gripas/Abaca/Bloomberg via Getty Images)
THESE 10 MARKETS COULD SEE THE BIGGEST HOME BUYERS AS FORECAST RATES FALL.
Redfin’s November 2025 national housing summary showed the median US home sales price was nearly $433,214, up 0.7% year over year. Additionally, the November 2025 summary noted that 363,194 homes were sold that year, representing a 6.7% year-over-year decline.
At the same time, the Motley Fool found that in the US, the median household income in 2024 was $83,730, which they said was up 4% from last year.
In 2025, Redfin announced that its 2024 data shows a strong division in homeownership. The real estate firm found that home ownership among Gen Z and millennials remains low with the younger group going from 26.3% in 2023 to 26.1% in 2024 and the older generation going from 54.8% in 2023 to 54.9% in 2024. the rate has increased every year since 2012.”
Photo taken on Oct. 19, 2022 we are showing a house for sale in Washington, DC (Ting Shen/Xinhua via Getty Images)
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“We can expect the homeownership rate of millennials and Gen Zers to continue to grow because they are in the prime age of home buying, and many are getting married, starting families and settling down in their careers. But many people in those generations have not been able to buy homes because sales prices and housing costs have increased over the past few years,” noted Redfin.
Meanwhile, Gen Xers saw their homeownership rate jump from 72% in 2023 to 72.9% in 2024. Baby boomers also saw their homeownership rate increase from 78.8% in 2023 to 79.6% in 2024.
FOX Business reached out to Blackstone, American Homes 4 Rent, Invitation Homes Inc. and the White House for comment.
