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Fortune
Fortune
Business
Nick Lichtenberg

Trump threatens to ban Wall Street from buying the house next door, saying 'American Dream is increasingly out of reach for far too many people'

(Credit: Getty Images—Anna Moneymaker)

President Donald Trump said his administration will move to bar large Wall Street investors from buying up single-family homes, framing the effort as a bid to restore access to homeownership for ordinary families priced out of the market. In a Truth Social post, he warned the “American Dream is increasingly out of reach for far too many people, especially younger Americans,” and vowed to stop big investors from buying the proverbial house next door.​

Trump said the federal government will move to ban institutional investors and major Wall Street firms from purchasing single-family homes, a segment that has become a lucrative asset class for large landlords and private equity. He cast the initiative as a turning point in housing policy, arguing “people live in homes, not corporations” and families should not have to bid against “billion-dollar funds” for starter houses.​

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