2 chapters across the catalog
The White House announced that annual mortgage costs for new homes have fallen by $4,000, reaching a four-year best for affordability. The administration's plan includes banning institutional investors and Wall Street corporations from buying single-family homes and expediting permits to increase housing supply. The goal is to transition the United States into a "nation of owners, not renters," reversing trends seen under the previous administration.
Executive Order Banning Institutional Investors from Buying Single-Family Homes
Donald Trump announced a forthcoming executive order and working group aimed at banning institutional investors like BlackRock and State Street from purchasing single-family homes. The policy seeks to prevent large conglomerates from monopolizing the housing market and driving up prices for average citizens. This populist measure targets both domestic firms and foreign entities, specifically those linked to China.
