Trump Provides Solution To Housing Crisis
President Donald Trump announced on Jan. 7 plans to ban institutional investors from buying up homes and renting them back to Americans.
This is a huge policy change that will benefit young Americans and working-families. My father is laser focused on driving down the price of housing so every American has an opportunity to live the American Dream!!!! https://t.co/pvomV2Yx2z
You’ll Own Something and Be Happy
Corporate landlord Blackstone’s stock plunged nearly 5% on the move to make housing more affordable.
Trump’s goal is to lower house prices and prevent Wall Street outbidding the rest of us with their unfair access to cheap capital.
And it’s something a lot of Americans have wanted, from the MAGA base to Bernie Bros.
Home ownership has long been a bipartisan goal, as it promotes family formation, promotes community involvement, and lets people build a nest egg.
A recent study found the average net worth of an American homeowner is close to $400,000. The average net worth of an American renter is $10,000.
Ten grand makes for a........
