President Donald Trump said Wednesday that he is moving to ban large institutional investors from buying single-family homes, framing the proposal as a way to improve housing affordability.

“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. People live in homes, not corporations,” Trump wrote on Truth Social. 

Real estate investment trusts (REITs), private equity firms and other large institutional investors have expanded their single-family rental portfolios in recent years, drawing criticism from housing advocates and lawmakers who argue that investor activity has constrained details ⇒

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