President Trump moves to ban large institutional investors from buying single-family homes

    https://i.redd.it/m6u8w05s1zbg1.jpeg

    Posted by MazdaProphet

    43 Comments

    1. hitokiriknight on

      That probably won’t include how they build neighborhoods to rent rather than sell now.

    2. Old_Rutabaga_9608 on

      He’ll do everything else by executive order, but on this one issue he calls on congress to legislate? lol – that’s how you know it’ll never happen

    3. Reasonable-Can1730 on

      We need to get big business out of home ownership. But then Reddit will complain about the value of their house falling..

    4. nuclear-experiment on

      In the following days expect the big institutional investors to sit down little Donny and explain to him who’s actually in charge

    5. This so needs to happen. I just don’t know if our inept Congress and scatterbrain president have the wherewithal to pull it off.

    6. PajamaSamSavesTheZoo on

      I’ll believe it when I see it, but maybe if we throw heaps on praise on him he’ll actually do it? That’s how I get children to behave the way I want.

    7. I would really like an apology from all the MAGA folks who spent years screaming that Democrats are socialists for even modest market regulation. This is straight up government intervention in private markets, telling certain buyers they are not allowed to participate, and somehow now it is being framed as common sense and patriotic. Funny how the label disappears the moment it is politically convenient.

      I am not even saying the policy idea itself is automatically wrong. We can have a serious debate about institutional investors, housing supply, zoning, and affordability. What I am saying is that the nonstop bad faith attacks were never about principles. They were about branding and outrage. When Democrats talked about regulating markets to help regular people, it was socialism. When Trump does it, it is suddenly protecting the American Dream.

      So yeah, before anyone lectures me again about free markets or socialism, I would love to hear a simple acknowledgment that the name calling was nonsense all along. If we are finally admitting that markets sometimes need rules to function for people instead of just capital, then at least be honest about it.

    8. I’m sure he’ll get right on that – right after he sends us all our [MedBed Cards](https://www.youtube.com/watch?v=i7f7x-avrYM).

      But unironically, this WOULD be an amazing idea; but there’s no shot any of these ghouls would go against their constituents’ (aka corporate lobbyists) interests.

    9. tokillamockingtree on

      As much as I despise donald, this would be amazing if he gets this accomplished.

    10. windycityinvestor on

      This is something everyone can get behind. Kudos when deserved. Now let’s see the fine print. He’s king of bait and switch to get free PR and optics.

      This is also something Dems could have done for years but they’re just old, dumb and can’t think of these types of sensible solutions. Doesn’t fix the problem but doesn’t make it worse and may help a bit. Very frustrating.

    11. But wait, as an independent I’m confused. Shouldn’t this be a Democratic led push and not a Republican push? What the hell is going on? The Republicans are the new “RepubliDems”. No matter what this is great news because Corporations and Hedgefunds have screwed the first time homebuyers

    12. Oh, look who’s trying his hardest to pivot to Affordability using the Democrats own message is cringe AF. All Trump’s words are lies, if he told his Hispanic/Latino voters the truth about his immigration policy they wouldn’t have voted for him and he would’ve lost.

    13. Doing it through congress so it’s slow, and he can blame them?

      Also, he knows what blackrock does right???

    14. Fearless_Serve_3837 on

      He’s just waiting for the check to clear. This is utterly meaningless and just another facet of the grift

    15. Looks like a lot of huffing and puffing with zero substance. Keep in mind the GOP has blocked this in the past. Virtue signaling but I am sure he will ‘talk about it in two weeks’.

    16. Cool why don’t we also start building vertical housing that doesn’t take up thousands of acres of space and sprawl cities to no end.

    17. satyr_account on

      Democrats will still find a way to hate it.

      It’s the wildest thing that they don’t get that they could probably pass a lot of their stuff if they just ingratiated themselves with the dude a little. He’s very susceptible to flattery.

    18. Rush_Is_Right on

      Lol didn’t have to go far to see why this was a bad thing according to this sub. I should post how Blackstone feels about this. Who will r/economy side with? Asteroid is my guess.

    19. Someone needs a boost in popularity. Why not post something he knows will never happen but people want

    20. SylvesterStapwn on

      His spend amount was similar to Biden’s over a much shorter period of time. He fought for negative rates while Biden let the Fed pursue its mandate and raise rates reducing inflation to nominal levels while not adjusting his spending. Does anyone really buy Trumps bullshit that inflation in any way has to do with Biden?

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