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Reason
Reason
Christian Britschgi

Trump Demands Congress Ban Large Investors Owning Homes. Here's Why That's a Bad Idea.

During his State of the Union address, President Donald Trump touted his executive order cracking down on large institutional investors purchasing single-family homes and then letting them out as rental housing.

"I signed an executive order to ban large Wall Street investment firms are buying up in the thousands single family homes, and now I'm asking Congress to make that ban permanent, because homes for people, really that's what we want. We want homes for people, not for corporations. Corporations are doing just fine," said the president.

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