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International Business Times

National

Danielle Ong

Trump Announces Ban on Institutional Investors Buying Single-Family Homes To Boost Affordability

Donald Trump United States

Donald Trump announces steps to ban large institutional investors from buying single-family homes, aiming to improve housing affordability amid debate over effectiveness.

President Donald Trump announced Wednesday he is taking immediate steps to ban large institutional investors from purchasing single-family homes in an effort to improve housing affordability for American families.

Trump made the announcement on Truth Social, stating, "I am immediately taking steps to ban large institutional investors from buying more single-family homes, and I will be calling on Congress to codify it."

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One subscription that gives you access to news from hundreds of sites

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Mass protests plunge France into chaos: City halls torched, shops looted - in videos

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