US President Donald Trump has announced plans to restrict large institutional investors from purchasing single-family homes, aiming to ease housing shortages and bring down home prices. The proposal, shared on his social media platform, would require congressional approval to become law.
Trump said the move is intended to protect homeownership for individual buyers, especially younger Americans who are struggling with affordability. He emphasized that homes should primarily be owned by people, not corporations, arguing that heavy investor activity has pushed prices beyond the reach of many families.
Housing affordability was a major issue during the 2024 presidential campaign, with Trump promising to lower living costs. Despite a slight cooling after the pandemic surge, US home prices remain high, with the median sale price reaching $410,800 last year, according to government data.
The president also blamed persistently high inflation under the previous administration for worsening the housing crisis. Additional housing and affordability proposals are expected to be outlined in an upcoming international economic forum speech.